Stock-to-flow creator doesn't think Bitcoin's bull market is done
Cointelegraph
Published Mar 26, 2021 06:09PM ET
Updated Mar 28, 2021 08:20PM ET
Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however.
“IMO we are only ~4 months into the bull market and nowhere near the end of it,” PlanB tweeted on Friday. “Bitcoin is just getting started,” he added, showing Bitcoin’s current path on one of his Stock-to-Flow charts. Multiple Stock-to-Flow models exist for Bitcoin which show Bitcoin’s price path in line with its halving events and supply over time.
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Written By: Cointelegraph
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