Planb – DIGIT INFO

Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin

DIGIT — Sun, 10 Nov 2024 09:30:02 +0000

In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to […]

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Trump win drives Bitcoin to $76K, PlanB sets $500K target

DIGIT — Sat, 09 Nov 2024 13:28:22 +0000

Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.

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Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

DIGIT — Fri, 23 Aug 2024 06:02:17 +0000

Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic.

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Bitcoin bull-bear cycle indicator flips bullish as price holds $60K

DIGIT — Sat, 10 Aug 2024 01:17:20 +0000

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023.

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Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash

DIGIT — Fri, 03 Jun 2022 08:23:24 +0000

United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.

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Brock Pierce and Tom Lee tip $200K BTC in 2022, despite missing the mark in 2021

DIGIT — Thu, 30 Dec 2021 01:16:44 +0000

Pierce and Lee believe that Bitcoin will continue its meteoric rise in price through 2022, but that’s pretty much par for the course with those two.

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Bitcoin fails ‘worst-case scenario’ monthly close for the first time, starts December sub-$57K

DIGIT — Wed, 01 Dec 2021 10:36:01 +0000

PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action.

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New ATH renews faith in PlanB’s prediction of $98K BTC by December

DIGIT — Tue, 09 Nov 2021 01:35:41 +0000

Will Bitcoin break above six figures before Christmas? PlanB’s Stock-to-Flow model suggests $100,000 BTC could be imminent.

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Bitcoin bull market ‘2nd leg has started,’ says BTC price model creator

DIGIT — Tue, 26 Oct 2021 13:48:44 +0000

The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarcity.

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Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry

DIGIT — Wed, 13 Oct 2021 22:30:00 +0000

$820 million in BTC options expire on Oct. 15, and data signals that bulls are set to celebrate another positive week.

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