10-03-2021, 01:39 AM
PlanB spot on BTC prediction from back in June. Aug 47k. Sept 43k. Prediction for Oc
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/"> <img src="https://external-preview.redd.it/4Dgg9--Phap43wGjaxA1BkOHXbC8hLchMXfxdH-Lr0E.jpg?width=640&crop=smart&auto=webp&s=7c17ebdf2fd95c41cd69de0c991201f65e4460f0" alt="PlanB spot on BTC prediction from back in June. Aug 47k. Sept 43k. Prediction for Oct 63k. Nov 98k. Dec 135k." title="PlanB spot on BTC prediction from back in June. Aug 47k. Sept 43k. Prediction for Oct 63k. Nov 98k. Dec 135k." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>For those unaware of who PlanB is, he's brought to us the stock to flow model for bitcoin and the chart below is what he is most know for.</p> <p>​</p> <p><a href="https://preview.redd.it/ta2hnxvhtyq71.png?width=900&format=png&auto=webp&s=d3ad586780d1cf0c863d0200f0cfb99b8c5f8036">https://preview.redd.it/ta2hnxvhtyq71.png?width=900&format=png&auto=webp&s=d3ad586780d1cf0c863d0200f0cfb99b8c5f8036</a></p> <p>For full info on what this actually is check out here <a href="https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12">https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12</a></p> <p>Back in 20th June earlier this year PlanB wrote this - </p> <p><em>Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down(LOL China again!). There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K</em> </p> <p>August and Sept have followed his price model. Oct has started with a flyer and at this rate could be there mid month. And, these are the minimum prices for bitcoin in those months so they will close higher for each month. </p> <p>Hopium to the extreme? Roll on December!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheGreatCryptopo"> /u/TheGreatCryptopo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/"> <img src="https://external-preview.redd.it/4Dgg9--Phap43wGjaxA1BkOHXbC8hLchMXfxdH-Lr0E.jpg?width=640&crop=smart&auto=webp&s=7c17ebdf2fd95c41cd69de0c991201f65e4460f0" alt="PlanB spot on BTC prediction from back in June. Aug 47k. Sept 43k. Prediction for Oct 63k. Nov 98k. Dec 135k." title="PlanB spot on BTC prediction from back in June. Aug 47k. Sept 43k. Prediction for Oct 63k. Nov 98k. Dec 135k." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>For those unaware of who PlanB is, he's brought to us the stock to flow model for bitcoin and the chart below is what he is most know for.</p> <p>​</p> <p><a href="https://preview.redd.it/ta2hnxvhtyq71.png?width=900&format=png&auto=webp&s=d3ad586780d1cf0c863d0200f0cfb99b8c5f8036">https://preview.redd.it/ta2hnxvhtyq71.png?width=900&format=png&auto=webp&s=d3ad586780d1cf0c863d0200f0cfb99b8c5f8036</a></p> <p>For full info on what this actually is check out here <a href="https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12">https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12</a></p> <p>Back in 20th June earlier this year PlanB wrote this - </p> <p><em>Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down(LOL China again!). There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K</em> </p> <p>August and Sept have followed his price model. Oct has started with a flyer and at this rate could be there mid month. And, these are the minimum prices for bitcoin in those months so they will close higher for each month. </p> <p>Hopium to the extreme? Roll on December!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheGreatCryptopo"> /u/TheGreatCryptopo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pzojt6/planb_spot_on_btc_prediction_from_back_in_june/">[comments]</a></span> </td></tr></table>Kind Regards R