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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 […]Powered by WPeMatico
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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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 price action exactly conforms to PlanB’s predictions for a second time, and if history repeats itself, BTC/USD should be at $63,000 by the end of the month.
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Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days. Meanwhile, bitcoin proponents still believe a significant second-leg up will be happening this year and a recent survey published by Plan B with 123,410 votes shows people believe bitcoin will reach $100K […]Powered by WPeMatico
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 […]Powered by WPeMatico
Bitcoin price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target.
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The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around $1.99 […]Powered by WPeMatico
Someone is buying “a lot” of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge.
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During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break […]Powered by WPeMatico