The pseudonymous creator of the popular stock-to-flow bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday.
Five months ago, bitcoin model.
“Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down,” Plan B tweeted.
Of course, Plan B made sure that people read his tweet carefully when people asked if they should disregard his model.
“Great question.
The stock-to-flow price model has also grown in popularity during the last 12 months and it is referenced often in technical analysis.
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