Plan B trader: "We need to get rid of tourists and weak hands before we take off."

Plan B also recalled its forecast made in January:

• November 2022 low at $15.5K was the bottom

• BTC has crossed the short-term holder (STH) boundary and will rise until the 2024 halving and subsequent 2025 bull market. Several on-chain signals confirm the STH signal.

• 2024 halving will be >$32K

• 2025 bull market >$100K