Suche
Mein Konto
Bitcoin Passes Point of No Return – The Bulls Are Coming Back!
PlanB sees Bitcoin at a turning point. Forecasts show similarities to previous bull markets. BTC rises to $114,471.
Bitcoin Passes Point of No Return – The Bulls Are Coming Back!
The Bitcoin market is experiencing an exciting phase, as shown by the analytical perspective of PlanB, a pseudonymous crypto analyst with 2.1 million followers on He relates this to comparable periods in history, specifically October 2020, February 2017 and January 2013.
As part of its analysis, PlanB presents a diagram of the stock-to-flow model, which describes the price development of Bitcoin depending on its scarcity. According to PlanB, the value of Bitcoin is essentially linked to its scarcity. While fiat currencies are being printed without limits, he sees an increase in the value of Bitcoin as likely.
Market developments and price forecasts
PlanB highlighted that over the past decade, all asset prices, including gold, BTC and the S&P 500, have increased due to the Federal Reserve's money creation. This development has led, among other things, to the price of gold increasing three-fold, the S&P 500 increasing three-fold and Bitcoin increasing an impressive 250-fold.
Currently, Bitcoin is trading at a price of $114,471, with another increase of nearly 2% in the last 24 hours. This could be a positive sign for investors hoping for the bull market to continue.
Experts analyze the macroeconomic conditions that influence Bitcoin price dynamics. The belief that Bitcoin benefits from its scarcity could play a crucial role in boosting investor confidence and establishing a sustainable uptrend.
As PlanB argues, the signs are good for Bitcoin, but it remains to be seen how market conditions will develop further. The focus on the token's scarcity coupled with monetary policy could push Bitcoin to new heights in the coming months, as it has in the past.