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Bitcoin (BTC) Will Hit $288,000, Explains PlanB

Published 10/03/2021, 11:29 AM
Updated 10/03/2021, 12:00 PM
© Reuters.  Bitcoin (BTC) Will Hit $288,000, Explains PlanB

  • Bitcoin could reach $288K or even higher during the current cycle.
  • The Bitcoin price is now nearly at 50K, which is 5x from 10K.
  • Another 5x takes us right to $288,000, which is an average.

With over 25 years of experience in institutional investing, PlanB migrated his skills to the world of cryptocurrencies and created Bitcoin’s famous Stock-to-Flow price prediction model.

The Wolf Of All Streets made a recent tweet on Twitter (NYSE:TWTR) that PlanB has been nailing ‘Bitcoin price predictions like a sniper’.

Latest comments

Nice gossip .. before a sell off. I remember hearing those promoters talk about ten k for gold. That was a few years ago. And what happened then? Gold dived. Same for Bitcoin, and now for TSLA. Remember when a YouTube guru floated the idea that TSLA would rise to 3.5k in a few years, and then a week or two later TSLA crashed bitterly to near 500. Every time the news bids a stock's price up then you know it's a pump and dump scheme and you do the opposite, in this case open a buy order for 32k as a retest, coz right now the price is stuck in a sideways range between 49k and 32k
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