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Is Plan B getting it right when it comes to predicting Bitcoin prices?
One guy (I’m assuming he’s a guy, as are the majority of people in the crypto space) that seems to be getting it right when it comes to predicting Bitcoin prices is Plan B. As this article makes clear, his predictions are very popular.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.What is Plan B's bitcoin stock-to-flow model?
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). The analyst has done well as far as bitcoin (BTC) price predictions are concerned, but this month one of his calls missed.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).