Popular crypto analyst PlanB has reiterated his optimistic long-term outlook for Bitcoin, suggesting that we may be in the final days of Bitcoin trading below $40,000. PlanB’s analysis of Bitcoin’s realized price indicates a strong price surge on the horizon. Bitcoin has outperformed other asset classes this year, with a price increase of over 125%. PlanB believes that this could be the last opportunity to buy Bitcoin below $40,000, as the realized price model suggests a potential upward trend. The spot price of Bitcoin is currently trading above the overall realized cost price, indicating a bullish market. PlanB advises investors to enjoy Bitcoin below $40,000 while it lasts. The current price of Bitcoin is $37,687, with a realized price of around $21,000. PlanB predicts that Bitcoin could trade between $100,000 to $1 million in the next halving cycle. The overall sentiment around Bitcoin is positive, with increasing mainstream adoption and anticipation for the approval of spot Bitcoin ETFs in the US. Institutions are buying into Grayscale’s Bitcoin Trust, as indicated by the decreasing discount and growing bullish momentum. The discount on the trust has decreased from -48% to -7.31%, suggesting institutional interest.