Plan B Analyst: $ 69,000 isn't the highest price for halving Bitcoin.

Anonymous analyst PlanB, who requested the Bitcoin S2F model, tweeted on December 10 that he didn't believe $ 69,000 (now Bitcoin at all times) was the best value performance for Bitcoin (BTC) in this wave. of halves. As we republish our standard S2F price estimate, asking investors to be patient is key to our return on investment.

Assuming prices haven't gone up yet, be patient

PlanB notes that if $ 69,000 is the higher value for this halving, then a closed bear market (80% evaporation) would lower the price of BTC to $ 14,000, below its 2017 highs. 20 US $ 000) and the weekly moving average 200WMA (US $ 18,000), but that has not happened, and PlanB believes it will not.

And if you look at PlanB's 200-week moving average chart, you can see that it still thinks BTC can expect close to $ 100,000 between 2021 and 2022.

Then, on December 12, PlanB announced its famous S2F model, stating:

Previous estimates are incorrect.

According to past data from the financial world, PlanB is famous for its S2F model, where the BTC inventory (the supply) is divided by the product flow (released annually) to operate, discount and estimate the value of the currency. The US dollar also recorded profits in August, September and October of this year, and benefited many investors as a symbol of happy money.

Planby estimates that BTC will exceed $ 98,000 in November and hit $ 135,000 in December. BTC is still hovering at 50K. By law, it has been reported that PlanB's estimates have been exceeded.

Since PlanB's estimates follow the ground model, the incorrect estimate does not mean the S2F model is incorrect, but there are less than 20 days at the end of December. . In the meantime, let's take a look.