Bitcoin is consolidating near $107K after facing resistance at the $110K level.
Long-term models like PlanB’s S2F continue to predict a major bull run ahead.
Analysts see the $106K level as critical short-term support for the uptrend.
Bitcoin remains in focus as it trades near $107,000, sparking debate on whether the next major rally is approaching. Market participants are closely watching price behavior and key technical levels to determine if history will repeat with a 2013-, 2017-, or 2021-style bull run.
With historical RSI peaks marking explosive gains, traders and analysts are now speculating on whether Bitcoin could multiply from its current levels, possibly reaching $200,000 or more.
PlanB’s Power-Law Model Points to a 5-10x BTC Rally
PlanB, the analyst known for the stock-to-flow (S2F) model, argues that Bitcoin continues to follow its long-term powerlaw trend. This model historically signaled major bull cycles, with price jumps of 100x, 10x, and 4x in previous cycles.
As per PlanB’s framework, Bitcoin may be primed for a 5–10x increase from current levels, aligning with the S2F target range. If the model holds, this could point to a c…
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