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PlanB strikes again, his Stock-to-Flow model is predicting a journey to $532k as the next ATH after the Halving and a bear market where BTC stays above $300k.

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by COINS NEWS 51 Views

PlanB strikes again, his Stock-to-Flow model is predicting a journey to $532k as the next ATH after the Halving and a bear market where BTC stays above $300k.

By now we all know the name and especially the people that were here doing the late phases of the previous bull market in 2021 would know PlanB. Even back then his Stock-to-Flow model was making magically accurate predictions on a monthly base for the months like September and October of 2021, PlanBs models were literally spot-on. Until the model said we would be at $98k in November and $110k in December.

PlanB was literally the person who had birthed the infamous “100k EOY 2021“, which had become a literal certainty back then. Now he is back and even now his Stock-to-Flow model is predicting a truly exceptional upcoming bull market…

Stock-to-flow model by PlanB with new prediction of $532k as next bull market ATH and bear market staying above $300k

Yes, you saw it right, by mid to late 2024, BTC is predicted to be near $532k, this is actually close to a 10x from our current ATH. Looking at the RSI indicator we can also see how the upcoming bull market in this case would be even more brutal than in 2021 and about on the level of 2018.

Even during the bear market that comes afterwards, the BTC price would stay above $300k in this case. Truly a dream and maybe too good.

You are all smart enough to make the right takeaways from this prediction, but as a small disclaimer I want to add that PlanB himself also said that this is just one of many possibility and while we all like to shit on his models, we should remember that he did indeed put a lot of work into them and just as he says on his own bio, “All models are wrong, some are useful“.

submitted by /u/partymsl
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