Bookmarking Crypto Insights
Auto Added by WPeMatico
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to … Read more
Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years. Go to Source
Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic. Go to Source
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023. Go to Source
United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold. Go to Source Powered by WPeMatico
Pierce and Lee believe that Bitcoin will continue its meteoric rise in price through 2022, but that’s pretty much par for the course with those two. Go to Source Powered by WPeMatico
PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action. Go to Source Powered by WPeMatico
Will Bitcoin break above six figures before Christmas? PlanB’s Stock-to-Flow model suggests $100,000 BTC could be imminent. Go to Source Powered by WPeMatico
The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarcity. Go to Source Powered by WPeMatico
$820 million in BTC options expire on Oct. 15, and data signals that bulls are set to celebrate another positive week. Go to Source Powered by WPeMatico
