Bitcoin is sitting above $40k but is still facing resistance on the 200 day moving average and may potentially face an upcoming death cross. Plan B, the creator of the Stock To Flow Model believes that Bitcoin is still on track to reach $288,000 within the next 3 years. Did the crypto market recover?
Stock To Flow Live Chart:
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Time Stamps:
Bitcoin Above $40K – 0:00
$288K Bitcoin? – 1:03
Has The Market Recovered? – 4:24
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#crypto #bitcoin