BTCUSDT Analysis by @PlanB_Bitcoin

The video discusses Bitcoin's Stock-to-Flow model, noting a monthly close of $67,000, marking the first red dot after the halving. The presenter anticipates a post-halving pump, referencing past cycles in 2020, 2017, and 2012. They present a refitted Stock-to-Flow model using five years of new data, maintaining a power of three, with a modified parameter to 0.25 from a previous 0.4 due to the removal of the Satoshi coins from the stock. The model forecasts a target of $500,000 for the next cycle, and $4,000,000 for the following. It's noted that the 200 week moving average of bitcoin is at $36,000 and is rising. It states that the Realized Price for Bitcoin is at $30,000 with the 2 year Realized Price being around $47,000 and the 5 month realized price at $64,000 and expects the 5 month to become a support in future dips. The discussion concludes that 93% of bitcoin holders are currently in profit, noting the realized return of 38% this month. It points out similar patterns in previous bull markets. A price that falls below the 50,000 mark will break the model