Analysts on the Bitcoin $ 100,000 forecast for December 25 have not met.
After the devastation of anonymous analysts PlanB, Bitcoin was trading at $ 50,000 on December 25, avoiding the anonymous Christmas surprise of the BTC bull.
The PlanB model has frustrated many crypto investors, they must look at their data with disappointment because an anonymous analyst $ 100,000 Bitcoin bid did not take place for February 10 25.
According to data from TradingView, Bitcoin / US profits were at the support level of $ 50,000 during the week before rising and falling after the area above $ 51,500.
With the onset of Christmas, the currency pair has remained stable and profits are low, but in the form of smart prices.
A $ 1 trillion market gauge of $ 53,000 is still the closest target as most traders and analysts have given up on trading and scrutiny.
PlanB deals with the separation of the underlying structure of the Bitcoin stock-flow model. According to analysts, the floor models failed in November and December, failing to cover minimum costs between $ 98,000 and $ 135,000, respectively.
PlanB previously said its market model wouldn't be complete if Bitcoin didn't hit $ 100,000 in December, but now appears to be changing its mind. Instead, PlanB said in a recent tweet:
Let's be clear: 1) Nov98K & Dec135K note = ground model not working 2) December 100K note: I already said that if BTC lockquote>According to the report, PlanB said this summer that if Bitcoin did not hit $ 100,000 by December, it would consider S2F not to be used.
After criticizing a Twitter statement he misunderstood, PlanB stressed that Bitcoin will continue to follow its forecasting pattern.
Traders and experts disagree. While many traders wonder if the failure of the floor model means the end of S2F, Bitcoin chain analyst Willy Woo takes a different approach. According to Woo, PlanB visibility does not define S2F because the model exists depending on the developer. He wrote on Twitter:
“A model is a model. You can look at it a few years later and see that it has failed. Of course, even if it came from the designer, it wasn't from a sand line.While estimates for the $ 135,000 floor model, which did not materialize this month, have grown too high, that number, the average price of a semicircle, still plays the role. PlanB previously said the model doesn't have to be perfect.
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