PlanB sees over 50% chance of BTC falling below $61K

Bitcoin market analyst PlanB has forecast a greater than 50% probability that BTC will fall below $61,000. Writing on X, he noted that the market is currently divided between the view that the $60,000 level reached in February was the bottom and the belief that the bear market will continue. PlanB stated that he personally believes the data does not yet show signs of a bottom forming. He added that he sees a more than 50% chance of BTC dropping below either $61,000 or $53,000.