Bitcoin Unlikely To Close November Above $98,000 — S2F Analyst PlanB Reveals New Trajectory

Por ZyCrypto - 2 anos atrás - Tempo de leitura: 2 minutos

Bitcoin Unlikely To Close November Above $98,000 — S2F Analyst PlanB Reveals New Trajectory

Bitcoin stock to flow model creator, PlanB, backpedals on his $98k November closing price prediction.PlanB remains confident that Bitcoin’s price is headed to $100,000 by the end of the year.

Bitcoin analyst and investor, PlanB, has long held a bullish stance on Bitcoin’s price. The creator of the popular Bitcoin stock-to-flow (S2F) model previously previsto Bitcoin closing the month of November with a price tag of at least $98,000.

No entanto, ele está recuando na previsão, pois o mês está chegando ao fim e o BTC não está nem perto do preço previsto. Em um tweet hoje, ele admitiu que o modelo de piso, com o qual fez a chamada de US$ 98,000 mil para o mês desde junho, seria "provavelmente" ficar aquém da marca.

Modelos diferentes, mas S2F ainda está no caminho certo, apesar do fracasso de novembro

The investor has previously clarified confusion around the models he utilizes. He stated that he uses three models namely the S2F model, the floor model, and the on-chain model. Based on the S2F model, PlanB maintains that Bitcoin is still on track to reach $100,000.

O preço da Bitcoin has fallen behind a lot of predicted expectations for the month of November. The benchmark cryptocurrency is currently trading at around $59,249, down 0.11% on the day. With around 5 days left in the month, should it maintain its current price level, it will close the month with an around 4% loss from the month of October.

Within this month, Bitcoin reached a new all-time high of $68,789. The current price is around 14% down from the all-time high, as Bitcoin plummeted along with much of the cryptocurrency market.

É digno de nota que a previsão do Plano B foi, na sua maior parte, precisa. Atingiu a marca nos meses de agosto, setembro e outubro. Ele também foi preciso em suas previsões de baixa, chamando com precisão a tempestade de baixa anterior no mercado.

In previous years as well, the model has proven accurate as he predicted back in 2017 that Bitcoin would hit a $1 trillion market cap.

Gráfico BTCUSD por TradingView

The market is still bullish for a $100k Bitcoin preço

O Plano B não está sozinho fazendo a chamada de final de ano de US$ 100,000. Other notable pundits including analysts at the leading global bank Standard Chartered have also recently predicted a price of $100,000 per Bitcoin by the end of the year or early next year.

Entretanto, vários analistas dizem que o desempenho dos preços se deveu a teme que os credores da extinta bolsa Mt Gox possam finalmente liquidar seus pagamentos – sete anos após o colapso da bolsa de criptomoedas. Isso ocorre depois que o administrador, Nobuaki Kobayashi, confirmou na semana passada que 141,000 BTC (US$ 8 bilhões) sob custódia seriam em breve distribuídos entre os afetados pelo fiasco do Mt Gox.

Bitcoin’s poor performance seems to have also impacted the entire cryptocurrency market as well. Other top cryptocurrencies including Ethereum, Solana, Cardano, and Dogecoin have recently been performing poorly as well, dropping 4-17% in prices.

Fonte original: ZyCrypto