Bitcoin Projected to Reach $135,000 in December, According to PlanB | Cryptonate

Bitcoin Projected to Reach $135,000 in December, According to PlanB

PlanB, a former institutional investor with 25 years of experience in financial markets turned anon Bitcoin analyst, discusses Bitcoin’s price action, from the macroeconomic drivers to what his models predict for the rest of 2021. Show highlights:

  • PlanB’s background and how he got into Bitcoin

  • what a stock-to-flow model is and how PlanB uses it to predict Bitcoin’s price

  • why PlanB called for a $1 trillion market cap when Bitcoin was priced at sub $4K

  • how the approval of a bitcoin futures ETF has affected Bitcoin’s price

  • why institutions are more comfortable with bitcoin futures, rather than the underlying asset

  • how to properly calculate gold’s stock-to-flow model

  • why he believes the stock-to-flow models works — even when detractors say it is flawed

  • how the pandemic has affected Bitcoin’s price

  • what PlanB thinks about China’s decision to effectively ban Bitcoin

  • the three charts PlanB uses to model Bitcoin

  • what the price floor for Bitcoin will be in October, November, and December

  • whether PlanB thinks we are in a supercycle

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Topics Covered

The post Bitcoin Projected to Reach $135,000 in December, According to PlanB appeared first on Unchained Podcast.

Tags
2021 Unconfirmed Bitcoin Bitcoin etf On-chain Planb Price prediction Stock-to-flow Supercycle