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The pseudo-anonymous Bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) BTC price model.
Plan B stressed on August 27, that the “next months will be key” as he believes the Bitcoin S2F model predicts a minimal $100K by Christmas and also predicts, Bitcoin continues its 10+ year path and does another 10x in 4 years.”
“Wait until you seen my base case and best case scenarios! OK, a hint: best case Dec $450K.”
In other trending Bitcoin News today: Bitcoin Bull and Bear Cycles To Become a Thing of the Past, According to On-Chain Analyst Willy Woo!
Woo says he sees Bitcoin as being in its ‘last cycle’, before entering a new era where BTC no longer has obvious bull and bear markets.
“I don’t think we’re going to have like what we see these normal four-year cycles again. I’m calling this the ‘last cycle.’ And people will think that’s very somber and bearish, but no I mean like, this thing does a drunk walk of ups and downs, trending upwards as it finds its adoption for indefinite amounts of time. These four-year cycles are gone. That’s what I think might be happening, which is a big revelation because that’s against the expectation of the majority think, so we’ll see if that plays out.”
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