Bitcoin continues to recover from the
EAT
decline caused by the ETF approval and has already risen to almost $45,000. Analyst PlanB, creator of the Stock-to-Flow model, believes that the cryptocurrency will not fall below $40,000 again due to its realized price.
Realized prices on different time scales are rising, and the current market price of Bitcoin is higher than all of them. PlanB considers this a "very bullish sign" and suggests that Bitcoin will never fall below $40,000 again.
Given the approval of the ETF and the upcoming halving, experts are making predictions about the price movement of Bitcoin in the coming months. A recent Bitget study predicts the asset's value $150,000, double its previous all-time high.
