PlanB Bitcoin Prediction December 2023

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I (we) appreciate your analysis and the fact that you go straight to key points. Thank you. Have great rest of the day.

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.

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.

More on STFx please

Will happen faster this time because everyone front running the same metrics. ATH at halving this time around.

this is the most stupid channel i have ever seen

Thank you Harold, excellent content as Always

my plan A is Plan B

Can you make a video about bitcoin etf please

I love you man…. but $532K??? i really hope you make me look like a fool

Our hero.

What if I told you that Xe7enty will crush most of the top tier AI coins by the end of the year?

The Xe7enty presale bonuses got me thinking about a long-term investment strategy. Time to dig deeper!

PlanB quality certified!