According to CoinMeta, crypto analyst PlanB stated that the current price of BTC at $87,000 is already above the implementation price of $53,000, the 155-day implementation price of $72,000, and the 2-year implementation price of $86,000. He believes that the possibility of the price falling below $53,000 in this cycle has been ruled out, and the arguments for a traditional bear market no longer hold water. It is expected that BTC will set a new high during the halving cycle from 2024 to 2028.