Popular Bitcoin analyst PlanB says his widely used Bitcoin price prediction model is at a crucial level of support.
The stock-to-flow (S2F) model, tradiţional used to track the performance of commodities like precious metals, compares an asset’s price to its available supply.
PUBLICITATE
Plan B has amassed a large following due to the accuracy of the S2F and the S2FX, a variation of the S2F, which also takes into account gold and silver’s performance to reach a price estimation for Bitcoin.
The pseudonymous analyst tells his 536,400 followers that Bitcoin just bounced off the lower band of the S2F model.
The stock-to-flow model predicts that Bitcoin will hit $100,000 and the S2FX reasons that Bitcoin may reach $288,000.
2nd bounce off the lower band of S2F model. Will S2F break? Or will this turn out to be an excellent buy signal? I know multiple hedge funds that actually trade this BTC-S2F “cointegration” (despite that we can’t formally use cointegration tests because S2F ratio isn’t random). https://t.co/lnnN6H7OL6 pic.twitter.com/qC3ULXlSlI
- PlanB (@ 100trillionUSD) 1 Iunie, 2021
In a poll on Twitter, PlanB solicită his followers if they believe that the charts indicate that Bitcoin is going to disprove the S2F hypothesis, or if the charts are flashing massive buy signals. The poll shows that 17.6% of participants believe that S2F will break, 53.3% believe this is a buy signal and 29% of participants just wanted to see the poll results.
Planul B spune that while the S2F model is close to “breaking”, the S2FX model is intact, and that Bitcoin is still in a bull market despite BTC’s price dip last month.
“May close $37,341… -35% … we knew Bitcoin would not go up in a straight line and several -35% drops are possible (and indeed likely) in a bull market. Starting to look like 2013. S2FX model intact.”
PUBLICITATE
The popular trader has previously notat that he’s not personally focused on short-term price action, showing immense confidence in the long-term value of the flagship cryptocurrency.
“I am less interested in $100K-$288K, but focused on 2024 halving and beyond. I don’t care about volatility, asymmetric return is key ($0 vs. $1 million).”
Nu ratați o bătaie - Mă abonez pentru a primi alerte prin e-mail cripto livrate direct în căsuța de e-mail
Urmareste-ne pe Twitter, Facebook și Telegramă
Surf Mixul zilnic Hodl
PUBLICITATE
Disclaimer: Opiniile exprimate la The Daily Hodl nu sunt sfaturi pentru investiții. Investitorii ar trebui să-și îndeplinească diligențele înainte de a efectua investiții cu risc ridicat în Bitcoin, criptomonede sau active digitale. Vă rugăm să vă informați că transferurile și tranzacțiile dvs. sunt pe propriul dvs. risc, iar orice pierdere pe care o puteți suferi este responsabilitatea dumneavoastră. Daily Hodl nu recomandă cumpărarea sau vânzarea de criptomonede sau active digitale și nici The Daily Hodl nu este un consilier în investiții. Vă rugăm să rețineți că The Daily Hodl participă la marketingul afiliat.
Imagine prezentată: Shutterstock / alphaspirit.it
- 000
- 9
- Cont
- Acțiune
- sfat
- consilier
- Parteneri
- analist
- Bunuri
- Auto
- Bitcoin
- Prețul Bitcoin
- Predicția prețurilor Bitcoin
- cumpăra
- Cumpărare
- pasă
- Grafice
- Mărfuri
- încredere
- cripto
- cripto-comercianții
- cryptocurrencies
- cryptocurrency
- digital
- Active digitale
- Fondurile
- Aur
- dedublare
- Fonduri de investiții
- HODL
- HTTPS
- imagine
- investiţie
- Investiții
- Investitori
- Cheie
- mare
- Ultimele
- Ultimele ştiri
- Nivel
- Linie
- Efectuarea
- Piață
- Marketing
- milion
- model
- ştiri
- Avize
- performanță
- sondaj
- Popular
- Metale pretioase
- prezicere
- preţ
- Predicția prețurilor
- motive
- REZULTATE
- Risc
- pătrat
- livra
- a sustine
- spune
- teste
- urmări
- comerţului
- comerciant
- Comercianti
- meserii
- stare de nervozitate
- us
- valoare
- Volatilitate