PLAN B UNVEILS MASSIVE BITCOIN PRICE TARGET AND SAYS 80% BTC CRASH WILL LIKELY FOLLOW!!!!

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Bitcoin $450K Target Plan B

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Bitcoin marking a new all-time high of $67,000 last week has opened the possibility of a $135,000 – $450,000 BTC price by the end of this year, according to Plan B, creator of the popular Bitcoin Stock-to-Flow (S2F) model.

Plan B recently called Bitcoin’s price retracement from the $60,000-level the “2nd leg” of what appeared like a long-term bull market.

Despite the high Bitcoin price projections, BTC can still see big corrections in the future. Plan B thinks the next crash could wipe at least 80% off Bitcoin’s market capitalization, based on the same S2F model.

In other trending Bitcoin News today: The FDIC Chairman just stated that regulators are looking at how US banks could hold bitcoin.

Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation, or FDIC, has said the agency is working with other regulators in the United States to explore “under what circumstances banks can engage in activities involving crypto assets.”

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/bitcoin-bull-market-2nd-leg-has-started-says-btc-price-model-creator

https://cointelegraph.com/news/us-regulators-are-exploring-policy-for-banks-to-handle-crypto-says-fdic-chair

https://cointelegraph.com/news/nfl-quarterback-tom-brady-gives-fan-1-btc-for-his-historic-600th-touchdown-pass-ball

https://cointelegraph.com/news/bitcoin-drops-1k-in-five-minutes-in-fresh-dip-below-60k

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