PlanB: “Bitcoin prepares for a 5800% rally”
A popular cryptocurrency analyst under the pseudonym PlanB, the author of the “stock-to-flow” model, again emphasized his confidence in the massive growth of Bitcoin in 2023 or at least 2024. The “stock-to-flow” model is built on the ratio of the amount of an available asset and its price. Considering that Bitcoin periodically undergoes halvings, the model speaks of a large-scale growth of the first cryptocurrency. The analyst emphasized that he was confident in this model.…