Plan B shares his view on the present bitcoin market. PlanB web site: https://www.planbtc.com PlanB Twitter/X: …
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When you buy Bitcoin the first time there should be a link to your yt Chanel. If so you never get lost and never loose!
I (we) appreciate your analysis and the fact that you go straight to key points. Thank you. Have great rest of the day.
Do u agree that this cycle will be the last price discovery for btc?
Well, we aren't even on the 100k foreseen by S2F on the previous bullmarket. We can't even be on 100k , imagine 532k. But sure, I do want to be wrong, that's my dream.
Never, way to optimistic
Crypto Expert Reaction:
PlanB's analysis, particularly focusing on the Stock-to-Flow model and various indicators, provides an interesting perspective on Bitcoin's current market dynamics. Let's break down some key points:
Stock-to-Flow Model: PlanB emphasizes the Stock-to-Flow model, a widely followed metric in the crypto community. The model, based on the scarcity of Bitcoin due to halving events, suggests a potential future price of $532,000. The historical correlation between halvings and price increases is a fundamental aspect of Bitcoin's supply dynamics.
Stock-to-Flow Trading Rule: The application of a trading rule based on the Stock-to-Flow model is intriguing. By entering the market six months before halving and exiting 18 months after, PlanB suggests potential outperformance compared to a simple buy-and-hold strategy. The rule has shown early success, with a 9% profit in November.
Technical Analysis Indicators: PlanB introduces technical analysis indicators like the Relative Strength Index (RSI) and the 200-week moving average. The RSI, historically correlated with halving events, is presented as an indicator of potential upward movement. The 200-week moving average, which Bitcoin has recently surpassed, is considered a bullish signal.
On-chain Data: PlanB discusses realized prices, realized returns, and the percentage of Bitcoin in profit. The analysis suggests that Bitcoin is currently above realized prices, sellers are making profits, and a significant percentage of Bitcoin holders are in profit. These factors are seen as indicators of a potential bull market building.
Market Cycle Model: The four-phase market cycle model (pre-bull market, real bull market, pre-bear market, real bear market) is introduced as a way to understand the broader market context. PlanB asserts that we are currently in a pre-bull market phase and anticipates a transition to a full bull market after the next halving event.
Overall Comment:
PlanB's analysis provides a holistic view of Bitcoin's market conditions, integrating both fundamental and technical factors. The focus on halving events, technical indicators, and on-chain data contributes to a comprehensive assessment. However, it's crucial for investors to remember that while historical patterns can offer insights, the cryptocurrency market is inherently volatile, and future performance is uncertain. It will be interesting to see how these predictions align with market developments in the coming months.
There is no chance that bitcoin will hit $532,000 this cycle unless i misunderstood. When you look at the stock-to-flow model the chart looks feasible but when you show every other chart $532,000 looks absurd
More on STFx please
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Will happen faster this time because everyone front running the same metrics. ATH at halving this time around.
thank you for these vids!! super helpful. let's go!
this is the most stupid channel i have ever seen
@2:08 why buying so late?
Thank you Harold, excellent content as Always
Probably one of the highest quality presentations I have ever seen on bitcoin. Well done
my plan A is Plan B
Just wondering are u dutch?
Can you make a video about bitcoin etf please
Hi It would be better if the subtitles were also in Turkish.
I love you man…. but $532K??? i really hope you make me look like a fool
Am I late to buy in?
Our hero.
Ethereum will outperform Bitcoin in the following year, Xe7enty will outperform them both by far.
What if I told you that Xe7enty will crush most of the top tier AI coins by the end of the year?
If I need to choose top 3 AI coins, my picks are FET, INJ and XVT (Xe7enty), not in that particular order
The Xe7enty presale bonuses got me thinking about a long-term investment strategy. Time to dig deeper!
Bitcoin hopefully 80 k
PlanB quality certified!