Quant analyst PlanB predicts a surge in Bitcoin’s price after the recent halving.
Stock-to-Flow Model
PlanB’s stock-to-flow (S2F) model, which measures scarcity, has historically signaled strong rallies after halvings. The model has now turned green, indicating a bullish period.
Realized Price Support
PlanB also analyzes the realized price, which tracks the value of all Bitcoin transactions at the time of purchase. This metric has acted as a support level during previous bull markets.
Current Market Conditions
At the time of writing, Bitcoin is trading at $68,971, up over 1% in the past day. PlanB believes the price will continue to rise as the market enters a bullish phase.
Disclaimer
The information provided in this article is not financial advice. Investors should conduct their own research before making any investments.
