After PlanB’s “$ 100,000 Christmas” failure, it became clear that the Bitcoin stock-to-flow model …
Like a naughty kid with a lump of coal in his or her inventory on Christmas Day, crypto investors with PlanB patterns will have to stare sadly at their portfolios to get 100,000 bitcoin forecasts. The nickname Analyst Dollar did not come about on December 25th.
To that end, PlanB created a thread to explain its side of things.
From ‘Ho! Lake! Scream! “To” No! Is not! Is not!’
PlanB guarantees for the first time differentiate between its exchange model and Bitcoin’s stock flow model. analyst admit that the floor model failed in November and December and did not reach the forecast minimum prices of USD 98,000 and USD 135,000, respectively.
While PlanB previously commented that it would invalidate its stock flow model if December doesn’t bring Bitcoin to $ 100,000, it now appears to have a different view. Plan B instead to explain,
Let me be clear:
1) 1198 000 & 12135 000 missed = FLOOR MODEL FAIL
2) Miss Dec100K: I said earlier that if BTC pic.twitter.com/LRdfLinTm4
– PlanB (@ 100 trillion USD) December 24, 2021
What about the 180 degree rotation? Plan B to explain,
“If BTC is still within 1 second [standard deviation] For the next 2.5 years the S2F model is still valid and really useful to me. Of course, you should make your own calls. ”
That summer, however, Plan B announced that it would consider S2F invalid if December doesn’t bring Bitcoin price of $ 100,000.
Are you going to do a good ‘B’ next year, S2F?
As you’d expect, investors and professionals are divided. While many investors are struggling to learn about the failure of the exchange model and whether it signals the end of S2F, online Bitcoin chain analyst Willy Woo thought differently. Woo claims that models exist separately from their creator and that the opinion of PlanB does not define S2F. He tweeted,
“A pattern is a pattern. We can look back on it in years and see if it’s invalid or not. Definitely not from any arbitrary line in the sand, even if it’s the Creator’s. ”
In addition, PlanB has previously determined that models do not have to be 100% accurate in order to work.
The celebration of HODL day begins
At the time of going to press, the king coin has finally broken the psychological price level – again – and is trading at $ 50,760.92. The coin has soared 9.04 percent in the past seven days. Even so, the market did State of fear.