Those in the crypto-community who were watching PlanB’s stock-to-flow model for Bitcoin were banking on the king coin giving investors a Christmas present by hitting 100k.
However, with less than 48 hours to go before 25 December, investors and analysts must now wrangle with the question of how to treat the S2F model.
For his part, PlanB admitted that Bitcoin needs a “small miracle” to hit $100,000 by Christmas day. Even so, the analyst made it clear that he isn’t giving up on S2F just yet.
<p lang=«en» dir=«ltr» xml:lang=«en»>Bitcoin needs a small miracle for a 100K Christmas. Will I ditch S2F model if this does not happen? Nah, I actually like being at the lower bands. In fact I published the model at the lower bands in March 2019 with btc Read more on ambcrypto.com