{"id":212102,"date":"2021-03-27T01:09:25","date_gmt":"2021-03-26T22:09:25","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/stock-to-flow-creator-doesnt-think-bitcoins-bull-market-is-done\/"},"modified":"2021-03-27T01:09:25","modified_gmt":"2021-03-26T22:09:25","slug":"stock-to-flow-creator-doesnt-think-bitcoins-bull-market-is-done","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/stock-to-flow-creator-doesnt-think-bitcoins-bull-market-is-done\/","title":{"rendered":"# Stock-to-flow creator doesn&#8217;t think Bitcoin&#8217;s bull market is done"},"content":{"rendered":"<p>&#8220;<strong># Stock-to-flow creator doesn&#8217;t think Bitcoin&#8217;s bull market is done <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYjUxM2I4ZDYtNzVkNS00Mzk5LWExNjQtZjllZjdkZDQyM2EwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Bitcoin\u2019s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, thinks Bitcoin (BTC) may still have a lot of room to gallup however.\u00a0<\/p>\n<p>\u201cIMO we are only ~4 months into the bull market and nowhere near the end of it,\u201d PlanB <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1375483627090419716\">tweeted<\/a> on Friday. \u201cBitcoin is just getting started,\u201d he added, showing Bitcoin\u2019s current path on one of his Stock-to-Flow charts.\u00a0Multiple Stock-to-Flow models exist for Bitcoin which show Bitcoin\u2019s price path in line with its halving events and supply over time.<\/p>\n<p>YouTuber and derivatives trader Tone Vays also carries a bullish macro view, although he thinks a dip lower for Bitcoin is not out of the question. <\/p>\n<p>\u201cBitcoin is consolidating but I remain bullish in this market,\u201d Vays told Cointelegraph. \u201cWhile it is still possible for bitcoin to make a lower low for the month in the $48k range, I believe we will go up to above $70k before June,\u201d he added. <\/p>\n<p>After trading past $61,000 this month, Bitcoin\u00a0retraced down near $50,000. For the most part, the drop occurred over roughly two weeks, with some relief bounces mixed in, rather than in a straight, single-day $10,000 shot downward.\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/?symbol=COINBASE%3ABTCUSD\">Based<\/a> on TradingView data, BTC holds a price of $54,550 at time of publication, looking back on a day of overall upward price action. <\/p>\n<p>Meanwhile, other crypto assets\u00a0continue to make headlines in the price category as well.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/stock-to-flow-creator-doesn-t-think-bitcoin-s-bull-market-is-done\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Stock-to-flow creator doesn&#8217;t think Bitcoin&#8217;s bull market is done &#8221; Bitcoin\u2019s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however.\u00a0 \u201cIMO we are only ~4 months into the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":212103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvYjUxM2I4ZDYtNzVkNS00Mzk5LWExNjQtZjllZjdkZDQyM2EwLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,74863],"class_list":["post-212102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/212102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=212102"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/212102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/212103"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=212102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=212102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=212102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}