@PlanB_Bitcoin
      
      
            YouTube
      
    Avg. Quality
73
      Success Rate
7.69
      Analysis
13
      Correct
              1
          Fail
              2
          Pending
              10
          Ineffective
              0
          Total Quality
        Score
        If You Had Traded on This Analysis…
                Pending
            
BTCUSDT
                
                    Long Entry
                    75,870.0000
                    2024-11-08
                    13:25 UTC
                
                
                    Target
                    500,000.0000
                                        Fail
                    33,000.0000
                                    
                
                    Risk/Reward
                    1 : 10
                
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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.