Cryptocurrency Analysis and News Portal
Bitcoin (BTC) may have shed 11% in a week, but it is actually performing exactly like one of the industry’s most famous analysts predicted.In a tweet on Mar. 1, PlanB, creator of the well-known stock-to-flow Bitcoin price forecasting model, said that at around $8,500, BTC/USD was wholly on schedule.PlanB:
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Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets.Cryptocurrency market daily overview. Source: Coin360BTC price clings to $8.6KData from Coin360 and CryptoX Markets showed BTC/USD hit five-week lows of $8,455 on Friday.At press time,
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The creator of the highly popular Stock-to-Flow model for forecasting the Bitcoin (BTC) price says he would be happy if it stays valid for the next 12 years.PlanB: Stock-to-Flow not until 2140In a Twitter exchange beginning on Nov. 1, the account known as PlanB said the tool, which has
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Since Bitcoin’s (BTC) creation in 2009, the digital asset has undergone a halving event every four years, cutting the number of coins constantly entering the ecosystem in half, making it a deflationary asset. Based on its hard-coded scarcity, and in line with its halvings, Bitcoin has risen dramatically in price
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