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After $98k in November doesn’t materialize, PlanB discusses ‘first miss’
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PlanB, the pseudonymous creator of the Bitcoin stock-to-flow model has been in the spotlight for the past few days. This was due to it becoming increasingly clear that Bitcoin wasn’t going to meet its November target of $98,000.
In fact, at press time, the king coin was flaunting a price of $57,300.91. However, a number of traders are still unaware of the fact that PlanB uses not one but three models to estimate the trajectory of Bitcoin.
<p lang=«en» dir=«ltr» xml:lang=«en»>$98K❌Floor model first miss (after nailing Aug,Sep,Oct). No model is perfect, but this is a big miss and the first in 10y! Outlier/black swan? I will give Floor model 1 more month.
S2F model unaffected and on track to $100K. Watch out for trolls confusing Floor and S2F
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