BTCUSDT Analysis by @PlanB_Bitcoin

This analysis utilizes the Bitcoin Stock-to-Flow model and the 200-week moving average to predict future price movements. Bitcoin closed October at 70,000 dollars and the price is 76,000 dollars after the election. The model anticipates sharp price increases. Based on the stock-to-flow model, the average price within the current halving cycle is predicted to reach approximately $500,000. It acknowledges the model has a standard deviation of about 25,000 to 100,000. The video also mentions a 200 week moving average at 42,000 and expects sharp price increases. The analysis emphasizes that Bitcoin's relative strength index (RSI) at around 69 indicates an uptrend and there should be a monthly numbers far above the trend line, also, the realized cost price is around 34,000. Therefore, the video anticipate sharp price increase according to the chart.