Popular quant analyst PlanB says Bitcoin (BTC) is now set up to have a series of big rallies based on historic precedence. In a video update, the pseudonymous analyst tells his 182,000 YouTube subscribers that his stock-to-flow (S2F) model indicates Bitcoin could exceed $250,000 in the coming years. His stock-to-flow (S2F) model, which was traditionally […]
The post Bitcoin Will Surpass $250,000, Says Analyst PlanB – Here’s His Timeline appeared first on The Daily Hodl.
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $100,000 in 2024. Bitcoin’s Early Bull […]
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […]
As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues to shed light on his well-known stock-to-flow (S2F) model, which suggests that “exponential growth” is expected to “continue.” Plan B: ‘S2F = Exponential Growth’ The […]
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start of the year and 139% over the previous six months in […]
A widely followed crypto analyst says a historically reliable indicator suggests Bitcoin’s (BTC) price may surpass six figures in about a year. In a new strategy session, quant analyst PlanB tells his 65,200 YouTube subscribers that Bitcoin’s relative strength index (RSI) appears to be repeating a pattern that previously signaled parabolic rallies. The RSI is […]
The post $500,000 Bitcoin (BTC) Price Now on the Table As Classic Indicator Suggests Parabolic Rally Coming: Plan B appeared first on The Daily Hodl.
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]
Quantitative analyst Plan B says that Bitcoin (BTC) is flashing signals that strongly suggest that the leading digital asset by market cap is bottoming out and starting a new market cycle. The pseudonymous analyst tells his 1.8 million Twitter followers that on-chain data is indicating that more than half of BTC in circulation is now […]
The post Quant Analyst PlanB Says Major Bottom Signal Flashing for Bitcoin As BTC Aims for $21,000 Level appeared first on The Daily Hodl.
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian […]
Quantitative crypto analyst Plan B says that Bitcoin (BTC) is now trading below the realized price and the 200-week moving average, an indicator that tells if the top coin is in a bull or bear market. This is only the eighth time that the cryptocurrency breached the historical level since its inception. Plan B tells […]
The post Quantitative Analyst Plan B Says Bitcoin’s ‘Weak Hands’ Indicator Is Flashing – Here’s What It Means for Crypto Markets appeared first on The Daily Hodl.
