S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bu...
Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and reconfirmed his message from last month. Meanwhile, bitcoin prices have been able to bounce back and on Sunday, bitcoin prices tapped a high of $45,355. Plan B Shows Confidence in Previous Forecast While Bitcoin Prices Tap Fresh Highs Bitcoin (BTC) has been on a tear lately and oddly enough in the face of regulatory uncertainty in the United States. BTC has gained....
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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 missed the mark in November. Despite the recent bitcoin price drop, Plan B still seems confident bitcoin’s price is “on track towards $100K.”
Plan B’s Bitcoin Price Prediction for November Misses....
Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.” Plan B believes this price drop might be a “mid-way dip,” similar to the crypto bull runs in prior years. ‘Looks Like the Mid-way Dip,’ Says Plan B During the first week of March, Bitcoin.com News reported on Plan B’s popular but also controversial....
Ethereum has gotten a high confidence forecast from FSInsight. The research firm which offers services across a range of investment vehicles to clients including digital assets has said that the second-largest cryptocurrency by market cap is looking at a very bullish year in 2022. FSInsight put the digital asset at more than 250% higher than […]
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would not be accepting bitcoin for purchases. Two days later, the creator of the notorious stock-to-flow cross-asset (S2FX) price model, Plan B, shared his model and said the S2FX was still “intact.” Plan B still shows confidence in the bitcoin bull run and expects another 5x in the next six months. S2FX Price Model Still ‘Intact’ Despite the recent crypto market downturn, Plan B still seems positive that the bitcoin bull run is not quite over.....
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 model have been criticized a great deal. On Tuesday, Ethereum’s co-founder Vitalik Buterin denounced the S2F price model and said “financial models that give people a false sense of certainty” can be “harmful,” and they....