Plan B still believes a $288k Bitcoin price is still in play, despite recent lows. The dutch traders tweet contrasted the recent bearish market sentiment.
Pseudonymous Dutch digital asset trader – famous for his Bitcoin Stock-To-Flow model which foretells a $300,000 Bitcoin price top this bullish cycle – still believes that Bitcoin has a good chance of reaching $288,000 before the current bullrun winds down.
The trader voiced his sentiment through a Tweet, two days ago, in which he said “$288K still in play. It would really surprise me if #bitcoin would not touch the black S2FX model line at this phase.”
The statement came at a time when markets were going through a steep drop.
Markets have, since, corrected upwards, and Bitcoin’s price movements are currently bullish. If things hold, then $BTC may go on to see – at least – a $100,000 price run.
$288K still in play. It would really surprise me if #bitcoin would not touch the black S2FX model line this phase. Regardless of current volatility, yellow green and blue dots will be (much) higher than red orange dots. pic.twitter.com/np26ypO96X
— PlanB (@100trillionUSD) June 12, 2021
