Plan B – DIGIT INFO

Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market

DIGIT — Fri, 09 Aug 2024 15:40:21 +0000

The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $100,000 in 2024. Bitcoin’s Early Bull […]

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Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts

DIGIT — Fri, 19 Apr 2024 01:34:36 +0000

At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […]

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Predicting Bitcoin’s Bull Run Values: Plan B’s S2F Model and Ledn CIO’s $92,000 Target

DIGIT — Mon, 18 Mar 2024 17:30:11 +0000

As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues to shed light on his well-known stock-to-flow (S2F) model, which suggests that “exponential growth” is expected to “continue.” Plan B: ‘S2F = Exponential Growth’ The […]

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Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism

DIGIT — Fri, 01 Mar 2024 23:45:32 +0000

This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months in […]

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Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

DIGIT — Tue, 27 Dec 2022 19:30:21 +0000

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]

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Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week

DIGIT — Mon, 19 Sep 2022 20:30:35 +0000

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian […]

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Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models

DIGIT — Fri, 05 Aug 2022 16:30:39 +0000

The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous stock-to-flow model. Moreover, since […]

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Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

DIGIT — Wed, 22 Jun 2022 03:30:50 +0000

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price […]

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World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake

DIGIT — Fri, 29 Apr 2022 15:30:18 +0000

According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic […]

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Bitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

DIGIT — Tue, 07 Dec 2021 20:30:31 +0000

While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K per bitcoin will happen. Bitwise Asset Management’s chief investment officer Matt Hougan told the press on Monday that “$100,000 by the end of the year […]

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