Bitcoin (BTC) Bull Run Date Indicated by Analyst PlanB
U.Today
18 Sep 2023 1:41 PM
Stock-to-flow model author PlanB shared views on potential bullish rally for Bitcoin (BTC) and its ongoing accumulation...
- Analyst PlanB expects Bitcoin (BTC) to enter its next bullish rally after the upcoming halving event.
- Bitcoin is currently in an accumulation phase and is on track with PlanB's stock-to-flow model.
- The next bull run is expected to start after April 2024 and last for at least eight months.
- Bitcoin's price is predicted to reach a cycle high in Q1, 2025.
- PlanB believes that the next bull market will not be significantly different in terms of investors' psychological patterns.
The overall sentiment of the article is positive, as it discusses the potential for Bitcoin to enter a bullish rally and reach new highs in the future.
You May Ask
When does PlanB expect the next bull run rally to start?How long is the next bull run expected to last?What is the significance of the halving event in Bitcoin's price dynamics?What is PlanB's stock-to-flow model and how does it relate to Bitcoin's price performance?Will the next bull market be different in terms of investors' psychology compared to previous cycles?