This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.PlanB is on an incredible run, nailing prediction after prediction about Bitcoin price. The Stock to Flow Model is facing its biggest test yet in the coming weeks. According to the popular Bitcoin price analyst, Bitcoin is on track to hit $98,000 by the end of November, which is now just 2 weeks away.The pressure is on.PlanB's August and September predictions were spot on, October was close to perfect, and now November is being put to the test. Below are the predictions:Aug>47K - SuccessSep>43K,- SuccessOct>63K - Near SuccessNov>98K - ???Dec>135K - ???Bitcoin would have to rise an average of about $2,000 a day until the end of the month to hit the November target - slightly over a 50% increase from where price is now. Does it matter if he's right?If you are a proponent of his model, then hitting his target this month puts much higher prices in play, According to PlanB’s analysis, Bitcoin will hit $135,000 by December and $288,000 for the cycle top. Fun, but not particularly important. We all believe that Bitcoin will eventually hit $100K. As patient investors, the time frame is somewhat irrelevant. I would be perfectly happy if Bitcoin hit $100K in November... of 2022. I am in no rush.The crowd wants $100K - it feels like it is programmed. But the crowd rarely gets what it wants, meaning that either price will come close and never reach the number, or it will pass right through without stopping on the way to higher prices. I think the latter is more likely. Retail interest is still somewhat dampened, and many top signals and metrics are not even close to hitting. Bitcoin might be big and "slow," but it is still capable of big moves.$98K is in play. I believe it will happen. I would not hold my breath, hoping that it will happen this month because of a single model.I highly encourage you to check out his work: https://planbtc.com/In This Issue:Is 98K Bitcoin In Play?Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsTaproot Is Live!Ethereum Is Mirroring BitcoinMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #372 - Is 98K In Play?
The Wolf Den #372 - Is 98K In Play?
The Wolf Den #372 - Is 98K In Play?
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $1200 worth. I really encourage you to check them out.PlanB is on an incredible run, nailing prediction after prediction about Bitcoin price. The Stock to Flow Model is facing its biggest test yet in the coming weeks. According to the popular Bitcoin price analyst, Bitcoin is on track to hit $98,000 by the end of November, which is now just 2 weeks away.The pressure is on.PlanB's August and September predictions were spot on, October was close to perfect, and now November is being put to the test. Below are the predictions:Aug>47K - SuccessSep>43K,- SuccessOct>63K - Near SuccessNov>98K - ???Dec>135K - ???Bitcoin would have to rise an average of about $2,000 a day until the end of the month to hit the November target - slightly over a 50% increase from where price is now. Does it matter if he's right?If you are a proponent of his model, then hitting his target this month puts much higher prices in play, According to PlanB’s analysis, Bitcoin will hit $135,000 by December and $288,000 for the cycle top. Fun, but not particularly important. We all believe that Bitcoin will eventually hit $100K. As patient investors, the time frame is somewhat irrelevant. I would be perfectly happy if Bitcoin hit $100K in November... of 2022. I am in no rush.The crowd wants $100K - it feels like it is programmed. But the crowd rarely gets what it wants, meaning that either price will come close and never reach the number, or it will pass right through without stopping on the way to higher prices. I think the latter is more likely. Retail interest is still somewhat dampened, and many top signals and metrics are not even close to hitting. Bitcoin might be big and "slow," but it is still capable of big moves.$98K is in play. I believe it will happen. I would not hold my breath, hoping that it will happen this month because of a single model.I highly encourage you to check out his work: https://planbtc.com/In This Issue:Is 98K Bitcoin In Play?Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsTaproot Is Live!Ethereum Is Mirroring BitcoinMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO