Crypto analyst PlanB wrote on X that according to its speculation on the trend of Bitcoin's market in the next few years released at the end of September, BTC has basically achieved the first two goals, namely rising to $70,000 in October and rising to $100,000 in November (actually $99,800 but close enough to form the largest monthly candle of $26,000 ever). It added that BTC's next target is to rise to $150,000 in December.
Bitcoin analyst PlanB, based on historical data and patterns from its stock-to-flow model, forecasts a price target of $500,000 for BTC over the next four-year cycle. PlanB pointed to Trump's proposed establishment of a national BTC reserve as a potential driver of its demand, and hinted that this could increase buying pressure for "200,000 BTC per year." The model assesses the value of BTC based on its limited supply and the scheduled halving, indicating that its price will increase significant...
"Bitcoin closed at $70,231 in October, slightly lower than its monthly close of $71,285 in March," crypto analyst PlanB said in a social media post. "Get ready for the US election."
Crypto analyst PlanB posted on the X platform that "$60,000 is the new $10,000", suggesting that Bitcoin's current price action in the $60,000 range could repeat its previous pattern in the $10,000 range. The long-term trend chart of bitcoin realization price shared by PlanB shows that between 2018 and 2020, bitcoin experienced long-term fluctuations in the $10,000 range. Currently, bitcoin prices show similar characteristics in the $60,000 range. This similarity may indicate that bitcoin is abo...
PlanB, a crypto analyst, said in a post on the X platform: "The market is still trading sideways, and the trading range is around 60k, so I can re-enter the market. In addition, Bitcoin is in a bull market, but the rise has not yet come. Miners are still struggling with the consequences of the halving. We need another doubling of the bitcoin price to start the bull market." Renowned cryptocurrency analyst Willy Woo commented below his tweet, "At current BTC pricing, only the latest models will b...
21:00-7:00 Keywords: interest rate cut, PYTH, PlanB, Telegram The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 63.5%; 2. PYTH worth more than $360 million is in a state of pledge; 3. A whale purchased 28,717 SOLs from Binance and pledged them. 4. PlanB: The six-month boring trading range didn't surprise me. 5.Cash App users will buy $10 billion in Bitcoin this year. 6. Telegram released an official statement on the arrest of founder Pavel Durov. 7....
21:00-7:00关键词:降息、PYTH、PlanB、Telegram 1.美联储9月降息25个基点的概率为63.5%; 2.价值逾3.6亿美元PYTH处于质押状态; 3.某鲸鱼从币安购买28,717枚SOL并进行质押; 4.PlanB:6个月的无聊交易区间并未让我感到意外; 5.Cash App用户今年将购买100亿美元的比特币; 6.Telegram发布关于创始人Pavel Durov被逮捕的官方声明; 7.MicroStrategy创始人:采用比特币战略4年后,公司表现已优于...
On August 25, crypto analyst PlanB said in a social media post, "The six-month boring trading range did not surprise me. Of course, I hope to rise earlier. But I have become very patient: as long as Bitcoin stays within the (broad) flight range (which it does), everything is fine. So since 2019, my goal is to reach an average price of about $500,000 during the 2024-2028 halving, with a range of about $250,000 to $1 million."
PlanB said in a post on the X platform that Bitcoin has risen fourfold from the bottom of 2022 to the present. Historically, Bitcoin will rise seven to ten times from its current price.