BTCUSDT Analysis by @PlanB_Bitcoin

The video discusses Bitcoin's price movement based on historical patterns and indicators. Bitcoin closed October at $70,000 and is currently at $76,000, breaking a month-long trading range. If historical trends hold, sharp price increases are anticipated. The Stock-to-Flow model predicts an average Bitcoin price of $500,000 this halving cycle, with a deviation band from $25,000 to $1,000,000. The two hundred week moving average is at $42,000. Based on a Bitcoin national reserve is expected more purchasing pressure. He predicts a 75-85 range, signalling strong upward momentum. All prices should be higher than the realized cost price which are currently at $34,000, according to 2Y.