Stock-To-Flow Creator: Bitcoin Cycle “Nowhere Near The Top”
Bitcoin price still can’t crack back above $60,000 and prices are slowly moving downward. And while the creator of the popular stock-to-flow model agrees there’s no avoiding regular corrections in the leading cryptocurrency, the top of the current cycle is “nowhere near.” Here’s a closer look at why the model’s creator is so confident in further price appreciation, along with a technical look at where the cryptocurrency could be in the current cycle, in comparison […]
Related News
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....
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 fell below $50,000 on Friday. The pioneer cryptocurrency is currently trading at around $49,405 at 11:10 GMT. Within the last 24 hours, the coin lost 8.9%, a massive loss to traders and investors. However, stock-to-flow models creator, PlanB, has said that he’s relieved that the coin has lost over 22% in just a week. […]
Bitcoin’s trajectory toward $100,000 is more real than ever, data shows, while one naysayer warns that the market is $11,000 overvalued. Bitcoin (BTC) is precisely following price predictions and not making investors wait longer for gains this bull cycle, says famous quantitative analyst PlanB.In a tweet on Dec. 17, the creator of the stock-to-flow price model noted that in its current halving cycle, Bitcoin’s growth is going as planned.BTC price hits $23,562 stock-to-flow targetDespite huge volatility this week, stock-to-flow remains conspicuous in its ability to forecast the pace 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.....