Bitcoin analyst PlanB has identified a significant valuation gap between Bitcoin and traditional assets like stocks and gold, suggesting a potential for a substantial price increase. In a recent post, PlanB noted that Bitcoin's current price of $87,500 is below its historical correlation with the S&P 500 and gold, a pattern previously observed before a 10x surge from below $1,000. He attributes this divergence to Bitcoin's scarcity model but cautions that correlations can break, keeping traders alert for signs of a major price movement.