Bitcoin to hit $250K in January 2022 but 'invalidate' S2FX BTC price model —...
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,....
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Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and told his Twitter followers that he has “no doubt whatsoever” that the S2FX trend is correct. This weekend the stock-to-flow (S2FX) author dubbed “Plan B” tweeted about his model and how he still believes in the S2FX trend. Plan B’s popular editorial called “Modeling Bitcoin’s Value with....
Ethereum follows suit as Bitcoin price action abandons its correction to reach its highest ever levels. Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin, Ethereum "relentlessly up"Data from Cointelegraph Markets Pro and TradingView captured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes.In step with various similar moves in recent weeks, Bitcoin not only reversed its previous short-term downtrend but eclipsed its previous record high of....
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.....
PlanB, the popularizer of the Bitcoin stock-to-flow (S2F) model, says the current bull run still has a second leg remaining. PlanB “Awaiting” The Second Leg Of This Bitcoin Bull Market According to PlanB on Twitter, the S2F and S2FX models predict a second leg in the current bull run that will bring new highs for BTC. As the name may suggest, the Bitcoin S2F or stock-to-flow model is based on the ratio between the stock (supply) and the flow (supply). The model is actually a general one, meaning it can be applied on any commodity. Higher the S2F value, more scarce is the asset.....
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.” S2FX ‘Intact’ Says Plan B “Plan B,” is a pseudonym leveraged by the Twitter account @100trillionusd and since March 22, 2019, he’s been documenting his popular stock-to-flow (S2F) price model. Similar to the tools and technical analysis models Bitcoin.com News has....