Enjoy Sub-$40K Bitcoin While It Lasts

Get ready to enjoy sub-$40K Bitcoin while you still can! In a recent statement, Willy Woo, an onchain analyst, predicted that Bitcoin’s value might consistently stay above the $30K mark. This sentiment was echoed by Plan B, the developer of the stock-to-flow (S2F) price model, who presented a realized price chart and urged enthusiasts to take advantage of the current prices. With Bitcoin’s valuation hovering just under $38K, there is a strong sense of bullishness and optimism about its future pricing. Markus Thielen, head of research at Matrixport, even believes that Bitcoin’s rise above $40K is inevitable, especially following Binance’s agreement with the U.S. Department of Justice. Plan B and other experts also anticipate a surge to the $40K threshold, making now the perfect time to enjoy these lower prices before they potentially skyrocket.

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Bitcoin’s Final Days Below $40K?

Market Analyst Plan B’s Prophetic Call

Enjoyment of Current Prices

Bitcoin’s value has been a topic of much discussion recently, especially with its valuation hovering just below $38K. Despite the fluctuations in the market, there is a sense of bullishness and high optimism about the future pricing of the leading cryptocurrency. One market analyst, known as Plan B, has made a prophetic call about Bitcoin’s price, urging enthusiasts to enjoy the current sub-$40K prices while they last.

Bullish Sentiments and High Optimism

Bitcoin’s Valuation Just Under $38K

BTC Rise Above $40K Seems ‘Inevitable’

Matrixport Predicts 80% Probability of BTC Surpassing $40K by December

As of now, Bitcoin’s valuation is just under $38K, and this has instilled a sense of bullishness in the market. Many experts and analysts believe that a rise above the $40K mark is inevitable. Markus Thielen, head of research at Matrixport, even goes further to state that there is an 80% probability of Bitcoin surpassing the $40K mark by December. This optimism is fueled by recent developments, such as Binance’s agreement with the U.S. Department of Justice.

Plan B’s Prediction of Surge to $40K

Architect of the S2F Model

Remarks about Sub-$40K Bitcoin

Aversion to Price Drops

Anticipation of Significant Rise in BTC’s Value

Plan B, the architect of the stock-to-flow (S2F) price model, has also predicted a surge to the $40K threshold. In a recent remark, he urged individuals to enjoy sub-$40K Bitcoin while it lasts. When asked about potential price drops, Plan B stated his aversion to the “Picking Up Pennies In Front Of A Steamroller” game, emphasizing his anticipation of a significant rise in Bitcoin’s value. He expects Bitcoin’s average price to reach $100K to $1M in the 2024-2028 halving cycle, which is at least a 3x increase from current levels.

Supporting Views from Bitcoin Advocates

Dan Held’s Agreement with Plan B

Bitcoin Enthusiast’s Perspective on Sub-$40K Prices

Plan B’s statement finds support from other Bitcoin advocates as well. Dan Held concurs with the notion that Bitcoin below $40K won’t persist for long. Another Bitcoin enthusiast expressed their opinion that prices under $40K are a gift. These perspectives align with Plan B’s prediction and further reinforce the belief that Bitcoin’s value will experience a significant rise in the near future.

Realized Price Chart and Historical Trends

Plan B Shares Realized Price Chart for Bitcoin

Historical Pattern of Resurgence

Alignment with Five-Month Realized Price Threshold

To back up his insights and predictions, Plan B shared a “realized price” chart for Bitcoin. This chart reflects historical pricing trends and indicates a recurring pattern of resurgence. One interesting observation from the chart is that every time Bitcoin’s price aligns with the five-month “realized price” threshold, significant price increases follow. Currently, the price line hovers just above the five-month realized price, suggesting a potential for further growth.

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Insights from Willy Woo and Cost Basis Density Map

Willy Woo’s Projection of BTC Stability Above $30K

Plan B’s Insights in Line with Woo’s Projection

Willy Woo, an on-chain analyst, recently projected that Bitcoin’s value might consistently stay above the $30K mark. This aligns with Plan B’s insights and predictions. Woo showcased a cost basis density map for Bitcoin, suggesting that if current trends persist, we may never see Bitcoin going below $30K again. Together, these projections and insights indicate a positive outlook for Bitcoin’s future.

Conclusion

Opinions on Plan B’s Statement

Share Your Thoughts

Plan B’s statement about enjoying Bitcoin’s prices while they are below $40K has sparked discussion and debate among enthusiasts. Some agree with his prediction of a significant rise in Bitcoin’s value, while others may be more skeptical. What do you think about Plan B’s statement? Do you agree with his outlook on Bitcoin’s price? Feel free to share your thoughts and opinions in the comments section below.

In conclusion, Bitcoin’s final days below $40K may be coming to an end soon. Market analyst Plan B’s prophetic call, backed by historical trends and the insights of other experts like Willy Woo, suggests that Bitcoin’s value is on the rise. While volatility is a constant in the cryptocurrency market, it’s important for enthusiasts to enjoy the current prices and remain optimistic about the future.

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