{"id":206283,"date":"2021-11-30T23:00:06","date_gmt":"2021-11-30T23:00:06","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=206283"},"modified":"2021-11-30T11:41:31","modified_gmt":"2021-11-30T11:41:31","slug":"despite-missed-prediction-plan-b-sticks-to-bitcoin-target-of-100000","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/despite-missed-prediction-plan-b-sticks-to-bitcoin-target-of-100000\/","title":{"rendered":"Despite missed prediction, ‘Plan B’ sticks to Bitcoin target of $100,000"},"content":{"rendered":"

If the accuracy of the crypto market movement predictions are something you have ever wanted, then the infamous pseudonymous Bitcoin analyst Plan B should come to mind going by his recent predictions in which three out of four met the target.<\/span><\/p>\n

Plan B\u2019s Bitcoin price prediction<\/b><\/h2>\n

Four months ago, Plan B, using his stock-to-flow price model, <\/span>predicted<\/span><\/a> that the value of Bitcoin<\/a> during the months of August, September, October, November, and December would be in the range of $47k, $43k, $63k, $98k, and $135k, respectively.<\/span><\/p>\n

Surprisingly, his prediction for the first three months came true as the value of the digital asset was well above his predicted price at the end of October.<\/span><\/p>\n

With many expecting an onward journey in the price of Bitcoin for the month of November, the volatile nature of the asset kicked in leading to a mass sell-off culminating in a rapid decline back to the $50k levels.<\/a><\/span><\/p>\n

This massive drop in value resulted in the first missed Plan B prediction for the asset\u2019s value for the last 5 months of the year.<\/span><\/p>\n

Plan B insists Bitcoin will finish the year at $100k<\/b><\/h2>\n

Despite his November prediction missing the mark by a while, Plan B has insisted that Bitcoin\u2019s price<\/a> is still on its way to finishing the year at $100k. He made this revelation in one of his recent tweets where he stated that \u201cS2F model not affected and indeed on track towards $100K.\u201d<\/span><\/p>\n

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Floor model $98K Nov close will probably be a first miss (after nailing Aug, Sep, Oct). S2F model not affected and indeed on track towards $100K. pic.twitter.com\/QO3bRUoGo3<\/a><\/p>\n

— PlanB (@100trillionUSD) November 25, 2021<\/a><\/p><\/blockquote>\n