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.

Will bitcoin hit $135,000 in 2021?

PlanB – Bitcoin to Hit $135,000 in 2021 Under “worst case scenario” Plan B, the developer of the renowned stock-to-flow methodology, has revealed his worst-case Bitcoin price forecast for 2021. Plan B clarified that his current projection is neither a start point nor a perfect scenario, and that it is still based on the S2FX.

Is Plan B's prediction true?

In June, when Bitcoin was hovering around 34K, Plan B predicted 47K for Bitcoin, which after the 20 July descent to 29K, seemed frankly unachievable. However, his prediction promptly came true, as did the 43K decline in September.

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).