Controversial Stock-to-Flow Model Creator Predicts Bitcoin Will Never Fall Below $35,000 Again

Introduction

Controversial Stock-to-Flow (S2F) model creator PlanB has recently made a bold prediction about Bitcoin (BTC) that’s captured the crypto community’s attention. Via his social media handle X, PlanB stated that Bitcoin’s price would never plummet below the $35,000 threshold again. PlanB supported his claim with a chart illustrating Bitcoin’s valuation trend about its intrinsic hash rate. According to PlanB, this relationship is a critical indicator of the digital currency’s enduring value.

Expanding on the Topic

PlanB’s Stock-to-Flow (S2F) model has been a topic of heated debate within the crypto community. The model, which predicts Bitcoin’s price based on its scarcity, has garnered both praise and criticism. Many supporters believe that the model accurately predicts Bitcoin’s price movements and provides valuable insight into its long-term value. Critics, on the other hand, argue that the model is overly simplistic and fails to account for external factors that can impact Bitcoin’s price.

PlanB’s latest prediction that Bitcoin will never fall below $35,000 again has sparked further discussion among crypto enthusiasts. While some are quick to dismiss the claim as overly optimistic, others see it as a bullish sign for Bitcoin’s future. As the market continues to fluctuate, only time will tell whether PlanB’s prediction holds true.

How It Will Affect Me

As a cryptocurrency investor, PlanB’s prediction could have a significant impact on my portfolio. If Bitcoin is able to maintain a price above $35,000, it could signal a period of stability for the market. This could result in increased confidence among investors and potentially lead to further price appreciation for Bitcoin and other cryptocurrencies.

How It Will Affect the World

If PlanB’s prediction proves to be accurate, it could have far-reaching implications for the world of finance. Bitcoin’s growing popularity as a store of value and medium of exchange could be solidified, leading to increased adoption and mainstream acceptance. This could challenge traditional financial systems and reshape the way we think about money and value.

Conclusion

In conclusion, PlanB’s bold prediction that Bitcoin will never fall below $35,000 again has ignited a conversation within the crypto community. While some remain skeptical, others see it as a sign of Bitcoin’s resilience and long-term potential. As the market continues to evolve, only time will tell whether PlanB’s prediction will come to fruition.