As a survivor of 3 crypto bear market cycles, I can say that this model looks very realistic, btc keeps on doing it's thing, people are still people, every time is seemed like spring will never come. Than you regret that you did not buy more. Thank you for your work!
I waited around last cycle after selling at the worst time too! I'd rather keep DCAing and have skin in the game than wait and wait until you're petrified to make a decision.
I say it everytime , this is the only subscription you need for crypto information, Plan B just keeps confirming my thoughts of him with these simple to the point videos for common folk to understand. Absolutely amazing he shares this for free even though plenty of haters out there. Keep being you mate....cheers
Thank you for logically explaining all that. It was clear and concise. Too often, people launch into technical details with the use of jargon. And I get lost! 😂
Thanks for explaining RSI. Indeed the last cycle was an anomaly. The black swan events we can’t predict, but usually follow the same pattern. I value your opinion. Very insightful. Keep sending these videos.
I bought my first bitcoins back in 2012 and have watched this market for years. Ive also paid attention to how black swan events affect the market over all. Having spent time reviewing the last bull run and the black swan events like covid as well as the FTX/Alameda stuff that has come to light, I agree with you that the last bull run is not a new normal. Personally I an inline with your conservative prediction as well as your review of the RSI. However I will say that it is a very conservative prediction with the things we know are in the works right now such as the major players pushing for US ETFs. My gut feeling is that we will see a new high that is well above the 300k and may even push 1m to 1.5m as the blow off top. Though I can not back that up with anything other than a gut feeling. Great overview of RSI and thank you for the video.
Great video, as always. Question: when you say it probably won’t be different this time (I agree, it never is in investing); however, have you considered that Bitcoin has only lived in a growing economy with low rates? This halving will be the first time in Bitcoin history that we also have high rates and an economy this weak. I would LOVE your expertise and comment on this. Thank you, Plan B!
There is no wrong time to buy Bitcoin. The only right move is to buy. At any moment. I personally always buy, at 160 dollars and all the way to 60.000 dollars as well.
Plan B, you are my number one when it comes to understanding Bitcoin. I like how you explain things. I also trust you. I would really appreciate if you could do a video breaking down the different terminology and what we are looking at. Something for the very common Layman. I understand a lot of what you say but when you start using acronyms with your models and refer to indexes and so forth I get lost in the terminology. You always provide pictures and charts and videos which are essential to understanding for me as I'm a visual learner. But if you could explain what these charts actually mean and their acronyms, personally I would appreciate it very much. Maybe what I'm asking is not what you're interested in doing but I just wanted to give you feedback on what I would personally like to see in addition to all the great content you provide already. Thank you for taking time out of your day to make these videos, provide value for us and personally look over the comments. Honestly you're a sweetheart.
always dropping knowledge bombs love how you broke down the RSI, especially when it comes to Bitcoin but gotta say, sometimes relying too heavily on historical data can leave us blindsided markets evolve, and while history rhymes, new factors can play in. still, mad props for the deep dive and making TA accessible for the masses keep it 100, bro!
Nice video, PlanB - thanks. Have you considered the following changes to the parameterization of the S2F model? 1) Use forward-looking flow, instead of backward-looking. The rationale behind this is that S2F measures the 'hardness' aspect of scarcity and if an entity wanted to attempt to inflate the supply, it could only try to do so following the forward arrow of time. 2) Use a 14-period flow for daily data. Keeping with the point above, if it was even possible for any entity to flood the network with hashpower, the difficulty adjustment would put a hard limit on how quickly blocktime could be accelerated. When all available data and the considerations above are accounted for, your model has yet to fail! It predicted ~$43k for the 2020 cycle, and it predicts ~$330k for the 2024 cycle. Let's hope it continues to hold! 😎
Again a great video and combining rsi with halving gives great insight. Even if you’re a non-believer of halvings and S2F, rsi will give you enough data on overbought and oversold point on which you can trade (as in any other financial asset).
It's an interesting scenario, but you also have to include the economic situation - Bitcoin never experienced a significant rate increase by the FED. However, there are signs that the FED will start dropping the rates in 2024 which will only fuel the bull market.
Untill now I only followed your Tweeter account, but with your voice that joined, the trust feeling in you and in general crypto sector just got stronger. Thanks for sharing valuable information! 🤜🤛
Hey B, isn't the ATH supposed to take place 18 months after the halving? this chart is showing it'd be 6-8 months after it (by December of next year). If that's correct, what changed?
The correlation between the end of the crypto bull run and the Fed announcement is definitely there. Now, whether we can assign causation is another question. However, I believe there was significant causation, and one can compare the price drops of other risk assets and stocks in general for comparison. In other words, in Q4 2021, BTC would have breached 100K had it not been for the Fed announcement and the subsequent rate hikes in 2022. So, I agree with Plan B that the 2020-21 bull run was a bit of an anomaly, especially its abrupt end. The next bull run, 2024-25, we may see a closer tracking of the S2F model, and $300K may not be unreasonable (as other commenters suggest here). Rates in the US will almost certainly drop next year; QE will probably return; there is the Bitcoin halving; and, most significantly, is the introduction of spot ETFs in the US from the biggest asset managers in the world. This is a perfect storm for upward price explosion (probably in Q2 or Q3 2025). I never believed that S2F was invalidated because it didn't properly track the last bull run (at least at the end). It was, rather, temporarily pushed off course because of the change in the interest rate environment. Once central banks, especially in the US, ease rates and bring back QE (which is almost a foregone conclusion, because of the obscene amounts of debt countries have assumed), the conditions will be in place for S2F to once again track the price of Bitcoin. This bull run will be one for the history books. Cheers!
300K seems optimistic given higher interest rates but who knows, last time 100K target and about 70K was hit so looking at all data points I see 180K-210K in this cycle!
Hi, Sorry I am from outside the USA, Thanks for all the insights. Life would be so simple if we had solid Leading Indicators to the future. In the statistical world its all about probabilities as you know better than most. 70% accuracy would be wonderful :) In the meanwhile your insight is really great and we thank you for it. In a history data filled world the past is heaven - but the future world its about probabilities. Thanks for narrowing the range of probabilities. Happy trading to all your followers. I see a min of $35,000 to $47,000 in in 2nd Quarter 23 moving to 3/4 x in 12 months. The final figures will be event based at the time. But all all up from now at that stage.
True, the predictive human emotions (fear and greed) are constant, but THIS TIME IS DIFFERENT because the players, largely driving that sentiment, are much larger. Before, it was much more speculative and a gamble that Bitcoin would succeed. Now that risk is much lower and more institutions will be jumping in only to seal the deal. We didn't have that before. This time is different. Get as much Bitcoin as you can.
Equally from the above rsi chart, if you look at the dark blue dots in each cycle, you notice that they have lower highs and lower lows. My take from this would be that the next cluster of dark blue dots will be lower than those in the previous cycle.This means imo that the next cluster of dark blue dots could be lower than the light blue dots in our current cycle and similar to what happened in the last cycle. This also means that the dark blue dots in the current cycle could *first* go *down* (with price) to say rsi 42 to 45 *before* turning upwards (with price) in the red dots imo.
I always liked your postings and as we draw nearer to the having I hope you're able to post more. When you say this time is not different, it just seems to me it's some point in the future it will be different , when enough people realize the power and safety of Bitcoin. Now maybe it doesn't happen this cycle, but I believe it could happened as people have become better educated in the space and the importance of the asset is rising.
Great video, although I think the tops and bottoms in the RSI are all trending slightly lower so I don’t the next bull peak in the RSI to go any higher than the channel it is in, but we’ll see 👍🏻
8:50 Not sure if Bitcoin will peak in halving year 2024... It has never peaked in halving a year. Every cycle Bitcoin peaked the year after halving year. I feel like it would just repeat, don't see any reason why it wouldn't.
Thank you! I would really appreciate your opinion on a few things. BTC only developing during low interest and recession free time ?. The inverted yield curve at the moment (can acycle be skipped) general thoughts on the current cycle being really different due to macroeconomics factors offering crazy buy chances.
Awesome video. Thank you! Why is the bull market top depicted at the end of 2024 and not 2025? I would think top would occur during last quarter of 2025.
well, based on the previous cycles, I would see BTC making new ATH in 2025 not 2024, ass your chart suggests. Much respect and would love to hear your opinion on that. Big fan!!!!
Excellent explaination of the RSI. Just wondering. With the decreasing band within the RSI each cycle, could diminishing returns have anything to do with it?
There's some truth to that idea, but remember that Bitcoin only has a ~$550B market capitalization right now, so it's still just a drop in the bucket of global asset capitalization.
IMO diminishing returns would be too early at current low adoption (~1-2%?). Following the s-curve and Metcalfe's law I would expect returns to slow down after ~50% adoption
My question is “Where all these money coming from?” In the past gaining bitcoin from 3k to 30k needed 450 billion to inject the market, but now market needs 4.5 trillion to reach the bitcoin to 300k!
"People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs." medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
The beauty of this is it helps keep the focus on long term HODL over years not months weeks or days. Vast majority of the time btc doesn't really do much- except frustrate short term traders. HODL however, then look back some years later, you'll be happy.
Thank you so much Plan B. 🙏As someone who got into BTC mid 2020 and rode it all the up and all the way back down again HODLing, I'm curious to know whether you take profits or will sell most, if not all in late 2024/early 2025? You stated that you believe the cycles will remain intact due to the human psychology of fear and greed, fomo so to me it seems to makes sense to take profits and ladder out as we go up. I got paralysed by the Willy Woo prediction of a supercycle that clearly didn't materialise and was waiting for the hyped 100k. I'm thinking selling 40% or at least taking my initial investment off the table so I can freeroll from there. I'd value your thoughts.
Yes I will sell some,hopefully close to the top in 2024/25, but never more than 50% and more likely 10% or at least enough to get me through the next bear market. But this decision is of course personal for everybody. In my case: I am living off my bitcoin investment and have no income, so I have to sell to eat literally.
@ 09:54 You have a forecast/estimated high only about 7 months after the April 2024 (estimated) next halvening date. During the previous 2 cycles, the high occurred about 15-17 months after the previous halvening date. Why do you have a disparity in the timing of the high between what occurred during the previous 2 cycles, and this forecast/estimate?
A question: in the first video of the channel, you said that btc will exceed 100k in 2025, here if I understood correctly you say that it should do so in 2024. Did I get it right ? And if so, why this change in forecast? P.s Thanks for sharing your analysis
Will the massive increase of day traders using the latest AI trading programs have any affect shortening the time frames in between bull and bears markets start and end?
👉Please like, share and SUBSCRIBE !! because it helps to get this content to more people 🙏
❤
I just personally want to thank you. You are a absolute legend sir! 🙏
When is the next video likely please sir.?
Jumping out of my skin with anticipation 😊 TY have a nice day
Waiting for an update! Curious about your pov.
More videos please
As a survivor of 3 crypto bear market cycles, I can say that this model looks very realistic, btc keeps on doing it's thing, people are still people, every time is seemed like spring will never come. Than you regret that you did not buy more.
Thank you for your work!
Based
🎯
I waited around last cycle after selling at the worst time too! I'd rather keep DCAing and have skin in the game than wait and wait until you're petrified to make a decision.
100% Been here since May 2017 and this bear is no different from 2018-2019.
I say it everytime , this is the only subscription you need for crypto information, Plan B just keeps confirming my thoughts of him with these simple to the point videos for common folk to understand.
Absolutely amazing he shares this for free even though plenty of haters out there.
Keep being you mate....cheers
Thank you for logically explaining all that. It was clear and concise. Too often, people launch into technical details with the use of jargon. And I get lost! 😂
I concur. it's the first time RSI was explained to where it makes sense to me haha
Thanks for explaining RSI. Indeed the last cycle was an anomaly. The black swan events we can’t predict, but usually follow the same pattern. I value your opinion. Very insightful. Keep sending these videos.
I bought my first bitcoins back in 2012 and have watched this market for years. Ive also paid attention to how black swan events affect the market over all. Having spent time reviewing the last bull run and the black swan events like covid as well as the FTX/Alameda stuff that has come to light, I agree with you that the last bull run is not a new normal. Personally I an inline with your conservative prediction as well as your review of the RSI. However I will say that it is a very conservative prediction with the things we know are in the works right now such as the major players pushing for US ETFs.
My gut feeling is that we will see a new high that is well above the 300k and may even push 1m to 1.5m as the blow off top. Though I can not back that up with anything other than a gut feeling.
Great overview of RSI and thank you for the video.
If you think 1btc will be 1-1.5 million dollars within a couple years you are completely delusional. Good luck to you grandpa.
Great video, as always. Question: when you say it probably won’t be different this time (I agree, it never is in investing); however, have you considered that Bitcoin has only lived in a growing economy with low rates? This halving will be the first time in Bitcoin history that we also have high rates and an economy this weak.
I would LOVE your expertise and comment on this. Thank you, Plan B!
IMO bitcoin will do even better in a slowing economy, in an recession. Bitcoin was made for bad times, when the entire fiat ponzi comes crashing down.
damn that was crystal... no bg music.. no faffel just straight up info you need ... and no blooming adverts or shilling... thank you my good sir
Thank you for all your work!!! I hope my investments in the “wrong” time (by last ATH) comes to an end!!!
Did you also get some at the 'right' time too? I wish you the best, brother.
There is no wrong time to buy Bitcoin. The only right move is to buy. At any moment. I personally always buy, at 160 dollars and all the way to 60.000 dollars as well.
Plan B, you are my number one when it comes to understanding Bitcoin. I like how you explain things. I also trust you. I would really appreciate if you could do a video breaking down the different terminology and what we are looking at. Something for the very common Layman. I understand a lot of what you say but when you start using acronyms with your models and refer to indexes and so forth I get lost in the terminology. You always provide pictures and charts and videos which are essential to understanding for me as I'm a visual learner. But if you could explain what these charts actually mean and their acronyms, personally I would appreciate it very much. Maybe what I'm asking is not what you're interested in doing but I just wanted to give you feedback on what I would personally like to see in addition to all the great content you provide already. Thank you for taking time out of your day to make these videos, provide value for us and personally look over the comments. Honestly you're a sweetheart.
thank you planB 💚
Glad you are on youtube now. The medium length videos suit your style of analysis much more than short twitter posts.
Thank you plan b. I wasn't expecting this video tonight! Bonus for me! 🙏❤️
always dropping knowledge bombs
love how you broke down the RSI, especially when it comes to Bitcoin
but gotta say, sometimes relying too heavily on historical data can leave us blindsided
markets evolve, and while history rhymes, new factors can play in. still, mad props for the deep dive and making TA accessible for the masses
keep it 100, bro!
Nice video, PlanB - thanks. Have you considered the following changes to the parameterization of the S2F model?
1) Use forward-looking flow, instead of backward-looking. The rationale behind this is that S2F measures the 'hardness' aspect of scarcity and if an entity wanted to attempt to inflate the supply, it could only try to do so following the forward arrow of time.
2) Use a 14-period flow for daily data. Keeping with the point above, if it was even possible for any entity to flood the network with hashpower, the difficulty adjustment would put a hard limit on how quickly blocktime could be accelerated.
When all available data and the considerations above are accounted for, your model has yet to fail!
It predicted ~$43k for the 2020 cycle, and it predicts ~$330k for the 2024 cycle. Let's hope it continues to hold!
😎
Fantastic video mate. Actually struggled with the concept of RSI and your explanation helped! These are the type of videos we like. Keep it up 👍🏼 🇦🇺
love the vid, keep up the amazing work PlanB !!
Again a great video and combining rsi with halving gives great insight. Even if you’re a non-believer of halvings and S2F, rsi will give you enough data on overbought and oversold point on which you can trade (as in any other financial asset).
It's an interesting scenario, but you also have to include the economic situation - Bitcoin never experienced a significant rate increase by the FED. However, there are signs that the FED will start dropping the rates in 2024 which will only fuel the bull market.
So bullish my head hurts ! Great level headed logic and explanation as always! Thank you so much
Untill now I only followed your Tweeter account, but with your voice that joined, the trust feeling in you and in general crypto sector just got stronger. Thanks for sharing valuable information! 🤜🤛
Thank you planB
A simple, but excellent projection.
Hey B, isn't the ATH supposed to take place 18 months after the halving? this chart is showing it'd be 6-8 months after it (by December of next year). If that's correct, what changed?
.
This plots RSI. Not the price. It's a trailing metric of the previous 14 months
@@Eamo-21 at the end of the video he shows the S2F chart
Dude,you are the spectre of insight. Cheers from Ireland and Lithuania.
According to some we started moving down around the time the FED announced their tightening program.
The correlation between the end of the crypto bull run and the Fed announcement is definitely there. Now, whether we can assign causation is another question. However, I believe there was significant causation, and one can compare the price drops of other risk assets and stocks in general for comparison. In other words, in Q4 2021, BTC would have breached 100K had it not been for the Fed announcement and the subsequent rate hikes in 2022. So, I agree with Plan B that the 2020-21 bull run was a bit of an anomaly, especially its abrupt end. The next bull run, 2024-25, we may see a closer tracking of the S2F model, and $300K may not be unreasonable (as other commenters suggest here). Rates in the US will almost certainly drop next year; QE will probably return; there is the Bitcoin halving; and, most significantly, is the introduction of spot ETFs in the US from the biggest asset managers in the world. This is a perfect storm for upward price explosion (probably in Q2 or Q3 2025). I never believed that S2F was invalidated because it didn't properly track the last bull run (at least at the end). It was, rather, temporarily pushed off course because of the change in the interest rate environment. Once central banks, especially in the US, ease rates and bring back QE (which is almost a foregone conclusion, because of the obscene amounts of debt countries have assumed), the conditions will be in place for S2F to once again track the price of Bitcoin. This bull run will be one for the history books. Cheers!
300K seems optimistic given higher interest rates but who knows, last time 100K target and about 70K was hit so looking at all data points I see 180K-210K in this cycle!
As usual, outstanding job by keeping the models simple and detailed in the same time. Keep accumulating and enjoy the 2024 2025 ride.
Plan B i love your work. Please continue to give us more informations. Thank you
"history is never different"! but we need lots of people to think it is!
I love how PlanB flips the script on coloring. Green is down (so ready to go up) and Red is up (so ready to go down).
Glad to see you post a 10+ minute video!🎉🎉🎉 Lets hit the bell, comment and subscribe for planb!!!
Great job explaining. Definitely love the channel. Been following for a long time on twitter.
LOVE PLAN B ... WHAT A COOL DUDE
very insightful charting data and interesting chart prediction
Just subbed! I memba listening to you in podcasts 2019-2020, always love you content!
A big THANKYOU.. for all your analysis..Also thankyou for pointing out the RSI and how it corresponds to your model..Great work!!
Thanks for this clear explanation Plan B! Greetings from the Netherlands 😀
Me and my son ty plan b!!!!!
Hi, Sorry I am from outside the USA, Thanks for all the insights. Life would be so simple if we had solid Leading Indicators to the future. In the statistical world its all about probabilities as you know better than most. 70% accuracy would be wonderful :) In the meanwhile your insight is really great and we thank you for it. In a history data filled world the past is heaven - but the future world its about probabilities. Thanks for narrowing the range of probabilities. Happy trading to all your followers. I see a min of $35,000 to $47,000 in in 2nd Quarter 23 moving to 3/4 x in 12 months. The final figures will be event based at the time. But all all up from now at that stage.
Just waiting to see what happens is exciting. Thanks for your analysis and explanation.
True, the predictive human emotions (fear and greed) are constant, but THIS TIME IS DIFFERENT because the players, largely driving that sentiment, are much larger. Before, it was much more speculative and a gamble that Bitcoin would succeed. Now that risk is much lower and more institutions will be jumping in only to seal the deal. We didn't have that before. This time is different. Get as much Bitcoin as you can.
Great work as always, looking forward to the next video!
Thanks Plan B. I’ll start to dollar cost into btc around early Oct this year. And some Eth too
Great work PlanB
Every time I go through a BTC cycle, I keep saying “it can’t possibly go up that much again, can it?” But it just seems to move up like clockwork !
Equally from the above rsi chart, if you look at the dark blue dots in each cycle, you notice that they have lower highs and lower lows. My take from this would be that the next cluster of dark blue dots will be lower than those in the previous cycle.This means imo that the next cluster of dark blue dots could be lower than the light blue dots in our current cycle and similar to what happened in the last cycle. This also means that the dark blue dots in the current cycle could *first* go *down* (with price) to say rsi 42 to 45 *before* turning upwards (with price) in the red dots imo.
PlanB, do you have any favorit altcoins ?
Thanks!!!😍
I always liked your postings and as we draw nearer to the having I hope you're able to post more. When you say this time is not different, it just seems to me it's some point in the future it will be different , when enough people realize the power and safety of Bitcoin. Now maybe it doesn't happen this cycle, but I believe it could happened as people have become better educated in the space and the importance of the asset is rising.
Great video, although I think the tops and bottoms in the RSI are all trending slightly lower so I don’t the next bull peak in the RSI to go any higher than the channel it is in, but we’ll see 👍🏻
Really appreciate what you share with us! Thank you
Thanks a lot. Great vid! Very well explained!
Thanks for the clear explanation of potential scenarios.
Great video...always appreciate your proof of concept.
8:50 Not sure if Bitcoin will peak in halving year 2024... It has never peaked in halving a year. Every cycle Bitcoin peaked the year after halving year. I feel like it would just repeat, don't see any reason why it wouldn't.
ETF...💣💣💣💥 =🚀🚀🚀 speed/ TIME ......
2025
Great Video! Time to buy btc?
Thank you! I would really appreciate your opinion on a few things. BTC only developing during low interest and recession free time ?. The inverted yield curve at the moment (can acycle be skipped) general thoughts on the current cycle being really different due to macroeconomics factors offering crazy buy chances.
Love the videos man
Awesome video. Thank you! Why is the bull market top depicted at the end of 2024 and not 2025? I would think top would occur during last quarter of 2025.
It is a randomly generated scenario, so reality will be different!
love it! keep staking!!
pls, more vids!
Great analysis Plan B.
Many thanks for the video.
Amazing insight.
well, based on the previous cycles, I would see BTC making new ATH in 2025 not 2024, ass your chart suggests. Much respect and would love to hear your opinion on that. Big fan!!!!
Thanks PlanB ,halvings seems to get 5 points lower each cycle.
Dank je planB voor deze hoopvolle info
Great Video. Sensible advice as usual.
Excellent explaination of the RSI. Just wondering. With the decreasing band within the RSI each cycle, could diminishing returns have anything to do with it?
There's some truth to that idea, but remember that Bitcoin only has a ~$550B market capitalization right now, so it's still just a drop in the bucket of global asset capitalization.
IMO diminishing returns would be too early at current low adoption (~1-2%?). Following the s-curve and Metcalfe's law I would expect returns to slow down after ~50% adoption
My question is “Where all these money coming from?”
In the past gaining bitcoin from 3k to 30k needed 450 billion to inject the market, but now market needs 4.5 trillion to reach the bitcoin to 300k!
"People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs." medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
@@PlanB_Bitcoin
Thank you Master for answering my question. Your class is very learning. 🙏🏼
Buy BTC cause god is not making more of it.
It's interesting how we spent most of the last cycle below the mean line. Perhaps mean revert and get to spend some time above?
Thanks for the update! Clear :)
Thank you for the great explanations! Much appreciated content.
Hartelijk dan voor je geweldige video, een vraagje, wat is je mening over XRP?
Great cant wait for next bullmarket. Greatings from South Africa
Thank you 👍
Where are you PlanB? We need you and your wisdom
Thank you once again. Much appreciated!
Great vids Plan B, keep em coming. 👏
Another great video. Keep bringing the content
for this coming stock market crash, will btc follow the downtrend again or break away? your thoughts please...
As usual, you are ROCK 🤘
Appreciate your explanations, sir.
Thank you PlanB ❤
Interesting analysis.
The beauty of this is it helps keep the focus on long term HODL over years not months weeks or days. Vast majority of the time btc doesn't really do much- except frustrate short term traders. HODL however, then look back some years later, you'll be happy.
I'm so surprised that nobody made a big deal about the crazy low RSI than took out the FTX lows on this latest dip
Thank you!! 🙏
Thank you so much Plan B. 🙏As someone who got into BTC mid 2020 and rode it all the up and all the way back down again HODLing, I'm curious to know whether you take profits or will sell most, if not all in late 2024/early 2025? You stated that you believe the cycles will remain intact due to the human psychology of fear and greed, fomo so to me it seems to makes sense to take profits and ladder out as we go up. I got paralysed by the Willy Woo prediction of a supercycle that clearly didn't materialise and was waiting for the hyped 100k. I'm thinking selling 40% or at least taking my initial investment off the table so I can freeroll from there. I'd value your thoughts.
Yes I will sell some,hopefully close to the top in 2024/25, but never more than 50% and more likely 10% or at least enough to get me through the next bear market. But this decision is of course personal for everybody. In my case: I am living off my bitcoin investment and have no income, so I have to sell to eat literally.
@@PlanB_Bitcoin thanks, I appreciate your reply. Kind regards, Ian
This gentleman is genius.
@ 09:54 You have a forecast/estimated high only about 7 months after the April 2024 (estimated) next halvening date. During the previous 2 cycles, the high occurred about 15-17 months after the previous halvening date. Why do you have a disparity in the timing of the high between what occurred during the previous 2 cycles, and this forecast/estimate?
Good analysis but hasnt Bitcoin historically topped out 18 months after halving?
A question: in the first video of the channel, you said that btc will exceed 100k in 2025, here if I understood correctly you say that it should do so in 2024.
Did I get it right ? And if so, why this change in forecast?
P.s Thanks for sharing your analysis
Great work sir, thanks! 👍
I love your video so much. everything you say makes perfect sense
Interesting to see that possibility, although according to Steve Courtney's "5.3 theory" the next top will be around $80k.
Very informative. Thank you.
Will the massive increase of day traders using the latest AI trading programs have any affect shortening the time frames in between bull and bears markets start and end?
I won't be sad If I sold all BTC at 140.000$
Thanks B! We need more videos from the Dutch Bitcoin Wizard!
Sin duda según tus análisis, en este próximo halving presiento que es la suba mas agresiva en la historia de BTC.
nice