Bitcoin price ‘relief’ move to $47K pushes BTC below stock-to-flow trajectory
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting “like clockwork” with regard to the their predictions. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting “like clockwork” with regard to the their predictions. Go to Source Powered by WPeMatico
While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even though the price has multiplied in value quite a … Read more
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. Go to Source Powered by WPeMatico
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% … Read more
Bitcoin is actually overshooting the popular S2F model price as the month of March begins. Go to Source Powered by WPeMatico
Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14. Bitcoin (BTC) and a number of other digital assets … Read more
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, … Read more
The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won’t pan out. Go to Source Powered by WPeMatico
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 … Read more
On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm Snappa based in Ottawa has joined the trend of companies converting cash … Read more