Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is a measure of the average change over time in the prices paid by urban consumers for a market basket of […]
The post Bitcoin Rises on CPI Inflation Data As Experts Predict Miners Send BTC Parabolic appeared first on The Daily Hodl.
Closely followed quant analyst PlanB believes that Bitcoin (BTC) can reach six figures before the end of 2024. In a new strategy session, the on-chain analyst tells his 157,000 YouTube subscribers that based on prior history, Bitcoin’s price is likely to double the current value to restore BTC miners’ revenue losses due to the April […]
The post ‘Inevitable’ That Bitcoin Surges Past $100,000 This Year, Says Quant Analyst PlanB – Here’s Why appeared first on The Daily Hodl.
Quant analyst PlanB says that Bitcoin (BTC) has now entered the stage of its market cycle where extreme price pumps and volatility are commonplace. In a new strategy session, PlanB shares a chart with his 118,000 YouTube subscribers that attempts to indicate the four phases of Bitcoin’s market cycles: the accumulation phase, the bull market, […]
The post Phase of ‘Face-Melting FOMO’ Now Underway for Bitcoin, According to Quant Analyst PlanB appeared first on The Daily Hodl.
Widely followed analyst PlanB is predicting the timeline for Bitcoin (BTC) to spark a rally to new all-time highs. In a new video update, the quant analyst tells his 96,300 YouTube subscribers that BTC is unlikely to ever dip below $31,000 again based on Bitcoin’s 200-week moving average. “Historically when Bitcoin is diverging from the […]
The post PlanB Predicts Timeline for New Bitcoin All-Time High, Says BTC Won’t Go Below This Floor Price appeared first on The Daily Hodl.
Quant analyst PlanB says that a 10x price increase for Bitcoin (BTC) is in the cards as many of its key indicators have flipped bullish. In a new video update, the closely followed on-chain analyst tells his 89,400 YouTube subscribers that he doesn’t expect Bitcoin to have diminished returns, or lesser gains than the previous […]
The post PlanB Expects a ‘Nice 10x’ for Bitcoin As Several Indicators Start To Turn Bullish – Here’s His 2024 Outlook appeared first on The Daily Hodl.
On-chain analyst PlanB says that one event could push Bitcoin (BTC) to a new all-time high in as little as four months. In a new ask-me-anything (AMA) session, the quantitative analyst tells his 82,400 YouTube subscribers that the approval of spot market Bitcoin exchange-traded funds (ETFs) could cause the crypto king to surge to new […]
The post One Catalyst Could Send Bitcoin Flying to New All-Time High in Four Months, According to Quant Analyst PlanB appeared first on The Daily Hodl.
On-chain analyst PlanB says that Bitcoin is now on an imminent path that could potentially take BTC to new highs faster than most believe. In a new strategy session, PlanB provides an update on his stock-to-flow (S2F) model for Bitcoin, which aims to forecast the longer-term market cycles based on BTC’s halvings, when miners’ rewards […]
The post PlanB Says Bitcoin Price Explosion to $60,000 Range Imminent As BTC Halving Approaches appeared first on The Daily Hodl.
On-chain analyst PlanB says that he wouldn’t surprised if Bitcoin (BTC) went as high as $524,000 at some point in the next four years. PlanB shares with his 1.8 million followers on the social media platform X a chart depicting which price the majority of BTC was distributed at each halving, when miners’ rewards get […]
The post $524,000 Bitcoin Price Possible Over Next Four Years, According to On-Chain Analyst PlanB – Here’s Why appeared first on The Daily Hodl.
Closely followed quant analyst PlanB says that Bitcoin (BTC) has crossed a key resistance level that historically kicks off multi-year rallies. The pseudonymous analyst tells his 1.8 million X followers that BTC’s five-month realized price has crossed the two-year realized price, a pattern that has previously marked the start of a bull market three times […]
The post Quant Analyst PlanB Says History Suggesting 2-Year Long Bitcoin Rally Approaching After Critical Indicator Turns Bullish appeared first on The Daily Hodl.
A widely followed crypto analyst says that Bitcoin (BTC) could land somewhere between $40,000 and $50,000 in the coming months. In a new strategy session, quant analyst PlanB tells his 58,200 YouTube subscribers that he envisions the crypto king surging in price as Bitcoin approaches its next halving event. The halving is an event when […]
The post Quant Analyst PlanB Targets $50,000 Bitcoin (BTC) – Here’s His Timeline appeared first on The Daily Hodl.
