Bitcoin could ‘drive people nuts’ for months with $53K BTC price ceiling — analyst
Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree. Go to Source Powered by WPeMatico
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Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction
This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast … Read more
Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety. Go to Source Powered by WPeMatico
As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’
On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model … Read more
Don’t get bearish Bitcoin just yet, says veteran trader who called 2018 crash
Bitcoin faces trying times, but the outcome of this week’s BTC price action could be bullish or “exhaustingly” sideways, says Peter Brandt. Go to Source Powered by WPeMatico
CFTC reportedly investigating decentralized prediction platform Polymarket
Polymarket is believed to have hired CTFC enforcement head James McDonald to handle the probe. Go to Source Powered by WPeMatico
Former Bitcoin lead dev predicts demise of BTC network … with a major silver lining
Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. Go to Source Powered by WPeMatico
Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’
The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K by Christmas.” ‘$100K by Xmas’ Plan B is a popular figure … Read more
Institutions have no appetite for Bitcoin at this price level: JPMorgan
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio. Go to Source Powered by WPeMatico
How Long Does a Bitcoin Bull Run Last? Proponents Use a Myriad of Charts and Models to Predict Future Prices
As bitcoin prices hover above the $55k zone, a number of participants wonder when the bull run will end. Bitcoin proponents are convinced bull markets have three waves and another wave may start soon. However, despite a variety of tools being used like tarot cards, no one is truly sure what will happen with bitcoin … Read more