Today news
About the same in other media
After PlanB’s ‘$100k Christmas’ miss, it’s clear that Bitcoin Stock-to-Flow model is…
Reading now: 645
ambcrypto.comLike a naughty child who got a lump of coal in their stocking on Christmas Day, crypto investors banking on PlanB’s model must be staring at their portfolio sadly as the pseudonymous analyst’s $100,000 Bitcoin prediction did not come true on 25 December.
To that end, PlanB put out a thread to explain his side of things.
PlanB first made sure to differentiate between his floor model and the Bitcoin stock-to-flow model. The analyst admitted that the floor model did fail in November and December, and did not reach the minimum predicted prices of $98,000 and $135,000 respectively.
While PlanB had earlier commented that he would consider his stock-to-flow model invalidated if December didn’t bring Bitcoin to $100k, he now seems to be taking a
Read more on ambcrypto.comAbout this in other media
Crypto broker Bitcoin Suisse snaps up Barclays exec for CEO role fnlondon.com /2 years ago
Crypto broker Bitcoin Suisse snaps up Barclays exec for CEO role fnlondon.com /2 years ago
GameStop shares jump 26% in after hours trade after NFT division unveiled cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
