Like 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
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