Decent Chance Bitcoin Already Bottomed at $77K: Analyst

Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC.

It comes as other crypto analysts have been calling for further downside for Bitcoin (BTC) in the coming months.

“Decent chance this will be the deepest pullback opportunity this Bitcoin bull run,” PlanC said in an X post on Saturday.

PlanC compares Bitcoin’s fall to previous bear market cycles

Bitcoin fell 7% to around $77,000 on Saturday and has since slightly moved up to…