Analyst PlanB Discusses Bitcoin Market Phases

According to Odaily, analyst PlanB has released a chart indicating that a true bull market has yet to emerge. In the comments section, he explained that he categorizes the rebound of Bitcoin's price from the absolute bottom of the last bear market at $15,000 to approximately $40,000 as an accumulation phase. The progression from $40,000 to the current $100,000 could be considered an early bull market.