BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Bitcoin About To Enter A Full-Blown Bull Market Based On This Key Indicator – Analyst PlanB

Bitcoin About To Enter A Full-Blown Bull Market Based On This Key Indicator – Analyst PlanB

After consolidating and stagnating for several weeks, bitcoin finally showed some signs of pushing higher last week. The top crypto is now trading above $9,500, marking a 10% recovery from the $8.6K lows posted during a major correction in the course of May.



Bitcoin just added another massive factor to the bullish case as an indicator that has previously signaled a bull market just appeared. This was pointed out by analyst PlanB, the creator of the stock-to-flow model.



Bitcoin Stock-to-Flow Red Dot Appears, Suggesting Start Of A Giga Rally



PlanB revealed an update to his stock-to-flow model in a tweet on June 1. In his tweet, the analyst indicated that a signal that was last seen three years ago has returned.



The red dot has appeared after each halving and has always preceded a fresh bull market. Based on PlanB’s chart, this bullish indicator suggests that a strong market move that will send BTC to $100,000 by the end of next year has just commenced.




#Bitcoin S2F chart update .. RED DOT RELEASED!!! pic.twitter.com/iNTjbf9b9K — PlanB
</div>
	
<style>
/*  */
#screenshot{
	position:absolute;
	border:1px solid #ccc;
	background:#333;
	padding:5px;
	display:none;
	color:#fff;
	}
/*  */
</style>
<script src=
BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News


Buy Bitcoin online in ANY country, supporting 80+ Payment methods!