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Bitcoin News Alerts | Daily BTC News

998: PLANB UPDATES BITCOIN FORECAST, SAYS BTC WILL RANGE BETWEEN $100K-$1M - HERE’S WHEN!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 26 July 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Quant analyst PlanB, creator of the infamous Bitcoin Stock-to-Flow model updated his price forecast for the king crypto (BTC) predicting Bitcoin ranging between $100,000 - $1,000,000 in the next 5 years: “Some of you are afraid of macro and the link between bitcoin and stock markets etc. IMO the next ~5 years S&P500 will be in the $5K-$6K range and bitcoin in the $100K-$1M range. Short term is noise, long term is signal.” - PlanB Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Oh, that's my prime delivery.

0:01.6

What, already?

0:02.6

Only one thing can match the buzz of Prime's fast delivery.

0:06.2

And that's the buzz of Prime's entertainment.

0:09.0

What are we watching?

0:09.7

Heads of state, that new action comedy with Idris Elbert as the Prime Minister,

0:13.3

John Sina as the president, and Prianka Chopra Jonas, as their only hope.

0:17.0

It looks like a blast.

0:18.0

From fast delivery to explosive entertainment, it's on Prime.

0:22.5

For only 899 a month, join now. Content includes limited ads, subscription, or to renews.

0:27.5

For more information, go to Amazon.com.com. U.K. slash prime.

0:29.8

In today's show, Bitcoin price struggles to defend $21,000, has Coinbase faces new SEC

0:36.0

wrath. That's right. In today shall be breaking on the latest

0:38.5

technical analysis quitting crypto analyst Mikal Vendipop. The markets are correcting and preferred

0:43.4

with 21,600 to hold for Bitcoin. That's a crucial breaker now too if it breaks to the upside,

0:49.8

new highs. Looking at the 20,500 to 20,700 area to hold for Bitcoin going into FOMC tomorrow,

0:56.9

if less than 100 BPS, upwards after, and quoting Matthew Highland, ironic the peak euphoric

1:02.7

events of the bull market, where Tesla buying Bitcoin and Coinbase IPOing on the stock exchange.

1:08.5

Now in the last week, Tesla has sold in Coinbase is under investigation

1:11.9

by the SEC. And quoting Crypto Tony, Bitcoin Update, 20,700 is my target on this drop,

1:18.3

following my chart yesterday, looking for at least another drop to that level. But I do think

1:22.7

we drop deeper and check this out. Bitcoin has outperformed the S&P 500, but over 130% thus far this month.

...

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