$288K BTC price 'still in play' says PlanB as Bloomberg champions Bitcoin hal...
Bitcoin would "surprise" the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time. Bitcoin (BTC) can still hit an average price of $288,000 in the next three years, confident analyst PlanB has said after BTC/USD shed 7% on June 12.In a tweet on Saturday, the creator of the popular stock-to-flow Bitcoin price models cast aside doubts over the Bitcoin bull run continuing. PlanB: Business as usual for BTCAlongside a chart describing Bitcoin as "going for gold," PlanB was characteristically cool about Bitcoin's recent progress....
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The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says: ‘$288K Still in Play’ On June 12, 2021, while bitcoin (BTC) prices have been hovering just above the $35K zone, the popular Twitter account Plan B (@100trillionusd) told his 553,000 followers that six-figure bitcoin prices are still intact. Plan B is a pseudonym and he published the....
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....
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The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% Higher Than S2F Trajectory Plan B’s stock-to-flow model otherwise known as (S2F or S2FX) is a popular chart that measures the existing number of BTC in circulation (stock) and pairs it against the number of issued coins minted during mining (flow). To many....
Hitting $100,000 at the end of this year will spark a major publicity war by large volume investors, Matthew Hyland believes. Bitcoin (BTC) will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, says well-known analyst Matthew Hyland.In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two stock-to-flow models would survive beyond 2022.Bye bye, $288,000 stock-to-flow target?With $100,000 still a lofty yet plausible end-of-year price for 2021,....