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Stock to Flow Model Creator PlanB Projects $135K Worst Price for Bitcoin in 2021

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Coinspeaker
Coinspeaker
 2021-06-21
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While the PlanB projection is based on a worst-case scenario, the analyst says on a best-case basis, Bitcoin may climb to a new ATH of $450,000. Iconic crypto market analyst and the creator of the Stock-to-Flow analytics model PlanB has given the worst-case projection for Bitcoin (BTC) based on the elements of his tool. Taking to Twitter, PlanB noted that the current price plunge in the market was stirred by Elon Musk’s energy FUD (Fear, Uncertainty, and Doubt), as well as the massive clampdown on the mining activities in China.

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