Well-known Bitcoin analyst PlanB said Bitcoin has already passed its bottom and expects higher prices. He said Bitcoin is trading above its 200-week moving average (a long-term trend gauge) of $65,000 and the five-month short-term holder realized price (the average cost basis for recent holders) of $72,000. The share of Bitcoin supply in profit has risen to 72% from 50%, while the monthly relative strength index (a momentum indicator) has climbed to 51 from 41.