Plan B says that the Bitcoin Prize is still on its way towards $ 100,000, although the November price forecast is missing-market updated
Plan B says that the Bitcoin Prize is still on its way towards $ 100,000, although the November price forecast is missing-market updated
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This month, Bitcoin's price dropped below the $ 60,000 zone this month after reaching an all-time high (ATH) at $ 69,000 per unit. The pseudonymous Bitcoin analyst and creator of the Bitcoin price model called Stock-to-Flow (S2F), Plan B, named the Bitcoin prices of the past three months correctly, but the analyst for the "worst-case scenario" missed the brand in November. Despite the latest Bitcoin price decline, Plan B still seems to be confident that Bitcoin's price is "on the way towards $ 100,000".
The Bitcoin price forecast by Plan B for November fails to miss the $. of the analyst 98k call
The notorious pseudonym Bitcoin analyst Plan B has been highly viewed at Bitcoinern and has been 1.5 million Twitter-followers since October 2017. Plan B is the creator of the popular Bitcoin price model called Stock-to-flow (s2f) Quantified the scarcity of the raw material (Bitcoin) and then divided by the annual edition (the river). The analyst at Bitcoin ( btc ) are affected, but this month one of his calls.
it started four months ago, as plan b tweeted for his "worst-case scenario for 2021" forecast in June. Plan B explained that he believed btc In the worst case "Aug> 47k, Sep> 63k, Nov> 98k, Dec> 135k ”.
So far, three of four of his monthly price forecasts have come true and Plan B was also right when he called :" 64,000 dollars were not the top. " The failure this month was the first time that the prediction of Plan B was not correct because the call for November had a target of USD 98,000.
Plan B confirms that the price forecast was missed in November
Plan B admitted that his prediction was missed this month as a Bitcoin ( BTC ) slid the prices after the youngest ATH of $ 69,000 below the $ 60,000. "Floor model $ 98k [November] Close will probably be a first failure (after nailing Aug, Sep, Oct). S2F model not affected and actually on the way towards $ 100,000", plan b emphasized
More than 39,000 accounts on Twitter liked the tweet and it was shared almost 5,000 times. Forecasting three out of four predictions is very good and the Follower from Plan B are curious about the price for the month of December.
Two days later the pseudonymous bitcoin analyst tweeted over the relative strength index (RSI) of the crypto asset. "Bitcoin RSI 66 and 10 % under the monthly closing Ath", plan B called . The next day, plan b that "Bitcoin has better risk-adjusted returns than all other assets".
The analyst has also created a survey that still lasts 19 hours but has received 142,490 votes so far. The survey asks whether 69,000 US dollars were the top for this halving cycle or whether the price of Bitcoin ( btc ) will be reached on 10 November November of $ 69,000. Statistics from Plan B indicate that at the time of the letter 78.4% think btc ’S price is 69,000 USD, while 21.6% agreed that "$ 69,000 was the top".
What do you think that Plan B missed November forecast but has correctly predicted the last three months earlier? Do you think Bitcoin is heading to $ 100,000 or do you think that $ 69,000 was the top? Let us know your opinion on this topic in the comments below.
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