1 August 2026
PlanB Claims The Bear Market Is Almost Over
Currently, Bitcoin is reeling under the bear market. The Crypto market is still under pressure, and the leading Cryptocurrency price is below the crucial $30,000 level. However, PlanB, the creator of the stock-to-flow (S2F) model, has some other opinions. He claims that the bear market is almost over. PlanB is optimistic because periods with the Realized Price Moving Average (RPMA) <1 and Relative Strength Index <50 have historically been great times to buy. It might take a while before RPMA and RSI will rise again.
Recently, PlanB shared that the Bitcoin price is forming a new bottom for the next bull market. The trend of BTC moved this week as per PlanB forecasts the price made a low near the $28,500 level.
PlanB has now tweeted that the bear market is almost over, and the price should start rising again. He claims the RPMA and RSI at current levels suggest a bottom for Bitcoin. Although, it could be 6-9 months (like 2014 and 2018/19) or 1-2 months (like 2011 and 2020) before we could see a bounce. As of now, the Bitcoin is moving sideways near the $30,000 level.
“Realized Price / Moving Average (RPMA, purple) shows the Bitcoin cycle best. Relative Strength Index (RSI, yellow) is similar, but can be misleading at critical times (e.g. 2nd half 2021). The good news: bear market is almost over. Waiting for RPMA and RSI to start rising again.”
Additionally, PlanB also shared a correlation between the U.S. equities market and Bitcoin, especially S&P 500 and Bitcoin. These markets have dived lower since November 2021.
While the S&P 500 is in a bear market as it has dived nearly 20%. He believes Bitcoin accumulation at the current price could give more returns to long-term investors.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.
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