Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace u...
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....
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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....
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....
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....
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.” Stock-to-Flow Author Is Confident in the S2F Price Model Back in November 2020, news.Bitcoin.com reported on the popular but also contentious stock-to-flow price model created by Plan B. At the time, Plan B said that he has “no doubt whatsoever that bitcoin S2F is....
Bitcoin and Ethereum have led the market in the recent downturns that have rocked the market. These two digital assets are no doubt market movers in their own right and as such, uptrends or downtrends begin with them. It has raised concern among investors who believe that the market is finally heading into a stretched-out bear market. However, not everyone believes this as some believe the current downtrend is only temporary. Mike McGlone On Bitcoin And Ethereum Mike McGlone is one of the leading Bloomberg analysts. Focused on the financial market, he authors a newsletter that shares his....