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What is Plan B's bitcoin price prediction?
Plan B also stated that his lowest price prediction for Bitcoin in November is $98,000, while his highest price forecast is $135,000 for December. Plan B noted the pricing disparity between August and September in a second tweet. Bitcoin would drop by $4,000 in September, as per his worst-case estimate, from $47,000 in August.Who is bitcoin analyst Plan B?
The infamous pseudonymous bitcoin analyst Plan Bis well respected among bitcoiners and has amassed 1.5 million Twitter followers since October 2017. Plan B is the creator of the popular bitcoin price model called stock-to-flow (S2F), which quantifies the commodity’s (bitcoin) scarcity and then divides it by yearly issuance (the flow).What are bitcoin's future predictions?
In terms of future predictions — he’s saying Bitcoin will reach $63K in October, and then go on to $98K in November and then $135K in December. To be fair, none of these price predictions seem unreasonable based on historic trends, technical analysis, etc. Plan B uses something interesting called the stock-to-flow model.How conservative are Plan B's predictions?
In fact, compared to some, his predictions seem conservative, making them even more believable. There are people calling for $250K or $300K Bitcoin by the end of the year. Plan B claims to be a Dutch institutional investor with 25 years of experience in the financial markets.