More like 'shock-to-flow' — BTC price hits bull trigger as mystery buyers sco...
Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge. Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it.In a tweet on Aug. 3, analyst William Clemente noted that BTC/USD has reached a bullish springboard zone on the stock-to-flow model.Analyst "likes odds" of stock-to-flow induced bull triggerDespite lingering far below stock-to-flow projections on a day-to-day basis, Bitcoin could now use that seemingly bearish signal....
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Bitcoin price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target. Bitcoin (BTC) could surge to $100,000 or bottom out at $30,000 by Christmas — but one of its best-known analysts is betting on the moon.In a Twitter update on Thursday, PlanB, creator of the stock-to-flow family of BTC price models, cast fresh doubt on a Bitcoin bear move.PlanB focuses on “key” remaining monthsWith BTC/USD trading at $47,000 this week, PlanB has a lot to be confident about. His recent prediction of a minimum monthly close for August....
Let the money flow, and watch a bull run begin. The U.S. government is reportedly preparing to relax key banking regulations in a move towards banking deregulation, loosening restrictions put in place after the financial crisis of 2008. The moves could ignite a crypto bull run, setting up conditions ripe for the next crypto to […]
What’s the mystery of mystery boxes? Purchasers buy an entire box, sight unseen, in the hopes of getting goods and prizes worth far more than what they paid. The idea may sound far-fetched, but consumers have always loved the idea of getting more bang for their buck. Mystery boxes gamify the process – you take […]
The Bitcoin bull run of 2021 has "at least some months" left to go, says PlanB amid impatience as BTC/USD hovers below recent highs. Bitcoin (BTC) has plenty of room to grow in its current bull run and “will not stop” at $100,000, according to analysts including PlanB.In various posts on social media on March 17, the stock-to-flow Bitcoin price model creator joined others in predicting huge new all-time highs for BTC/USD.PlanB taps S2FX model's $288,000 average priceWith Bitcoin trading sideways below both its recent peaks of $58,300 and $61,700, investors are curious about where the 2021....
Polygon (MATIC) has once again landed a big name. Casio Computer Co., Ltd. has unveiled its plans to launch the virtual G-SHOCK project, an interactive user community aimed at bridging the gap between the iconic G-SHOCK line of shock-resistant watches and its global user base. This initiative will see the distribution of 15,000 limited-edition G-SHOCK […]