BTCUSDT Analysis by @PlanB_Bitcoin

The video analyzes Bitcoin's price action, noting a recent drop to $84,000, which is an 18% decrease from January's $102,000. The drop was attributed to an Ethereum hack but has little to do with Bitcoin. The analyst notes that 18% dips are not unusual for Bitcoin. The RSI has also decreased to 63, still within the uptrend territory above 50, down from 76. The 200-week moving average is at $45,000 and continues to trend upwards. A two-year realized price is at $74,000. The long-term stock-to-flow target remains at $500,000 average for the 2024-2028 halving period, but with an range around this point and it is far higher than other models like power law. Overall, it's at a crossroad, with a red-hot bull market, or a distribution phase to enter a bear face. The traditional finance guys, see it as a sell every time that the RSI is at 70-75 range.