Since last month’s price correction saw Bitcoin plunged to just above $31,000 at one point.
However, some analysts remain confident that Bitcoin could further rally down the line.
“$288K still in play,” PlanB told his more than 553,000 followers on Twitter that the six-figure BTC price prediction is still intact.
PlanB replied by pointing out that 2021 fit with BTC’s behavior observed during previous all-time high years, 2013 and 2017.
Bloomberg Intelligence senior commodity strategist Mike McGlone also shared PlanB’s bullish stance on the world’s largest crypto by market cap.