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PlanB says he wouldn’t be surprised to see Bitcoin hit $300K-500K in Q2 2022 (2-minute audio clip from Pomp’s podcast)

PlanB says he wouldn’t be surprised to see Bitcoin hit $300K-500K in Q2 2022 (2-minute audio clip from Pomp’s podcast)



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30 Comments

  1. Hopium; it’d be great if it broke 200k imo. It’ll go that high next cycle. His s2f model is pretty decent but he’s expecting the market to overshoot his trendline like it did in previous cycles, it will go over his trendline but not by that much.

  2. Next cycle maybe, not this one.
    Remember that theses people are always feeding the mass hopium so they can sell all their coins and buy in at 90% discount.

    The Media supporting this should be stoned right in the spot.

  3. LOL, we’re just below his “worst case scenario”, which is two standard deviations away from the actual projected average in his model. So what’s two standard deviations away from 300-500k?

  4. This is getting really weird, first bull market was expected to last till 2021 Q4 now we are already talking about 2020 Q2. I guess from here and out we will just go parabolic till end of time.

    Why do I have a suspicion that all these institutions want to spread false prediction so people get carried away for as long as possible while they will just start taking profits earlier causing to look like a corrections till most of retail will be drained?

  5. I can imagine this would happen someday, but I’m questioning if it is because we think the value of Bitcoin is much higher, or if the $ becomes “worthless”.
    We always compare Bitcoin to USD, but what if the value of a USD lowers with 80%, prices of Bitcoin go up, but so do all the other prices of products as well. Is it just Bitcoin which goes up or are the prices of all products going sky-high.

    Like what I see right now in the world, I live in the Netherlands, is that Bitcoin is worth roughly 50% more than a month ago. But prices of like electricity and gass are rising with over 100% to even 400% in the same period of time.
    In this way the “loss” of money, because of rising, is lowered by buying bitcoin, but you can still buy less with your money because the prices of other products raised much more than BTC.

  6. I hope you remember Plan B and his predictions about the #Bitcoin price closing. his Aug and Sep predictions were 100% accurate so I have huge confidence on him for his October month End price prediction. this stock to flow model is so Fu*king awesome.

What do you think?

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