Bitcoin Crash! Everyone Is Wrong. Plan B Predicts The Next Wild Move. Crypto
15#bitcoin Crash! Everyone Is Wrong. Plan B Predicts The Next Wild Move. #crypto #btccrash Bitcoin News Bitcoin Crash Crypto News
Hello everyone, pseudonymous trader and analyst "Plan B" shares his latest Bitcoin stock to flow model and predicts staggering price during 2025.
The market on the other hand is concerned as Bitcoin may be headed to a “bear trap” below $95,000 despite staging its first monthly close above $100,000.
Bitcoin fell below the $100,000 psychological mark on Feb. 2 for the first time since Jan. 27.
The decline comes amid inflation concerns after President Donald Trump imposed import tariffs on goods from China, Canada and Mexico.
However, the dip could be the start of a wider correction, potentially taking Bitcoin to $95,000, according to Ryan Lee, chief analyst at Bitget Research.
“On the downside, the $95,000 range remains a critical support area. The interplay between labor market trends, Fed policy expectations, and market sentiment will be the main catalysts to monitor in the coming weeks,”.
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