Bitcoin Explosion to $1,000,000 Is Now on the Table, Says Quant Analyst PlanB – Here’s His Latest Forecast – The Daily Hodl

The popular quantitative analyst PlanB is updating his forecast on Bitcoin (BTC) after crypto kicked off the year with a strong rally. PlanB tells his 1.8 million Twitter followers that the bottom has arrived for Bitcoin and predicts massive growth. The analyst is best known for his stock-to-flow Bitcoin model, which predicts an asset’s value changes by comparing its current price to the rate at which its supply is generated. PlanB said the model failed late last year when BTC plummeted below $16,000. However, he says the stock-to-flow model has remained intact and is showing a staggering price explosion to $1