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PlanB: Bitcoin may have already held above the $100,000 mark, with resistance turning into support.
On October 7th, well-known analyst PlanB stated that 63% of people believe Bitcoin will fall below $100,000, but he thinks that scenario may not happen. Bitcoin is undergoing the process of the $100,000 resistance level turning into a support level, and September marked the fifth consecutive month closing above $100,000. Similar situations have previously occurred at the key price levels of $10,000, $1,000, $100, and $10.