Another Week: Will PlanB Bitcoin Prediction Come True?
Just one more week until November draws to a close, PlanB’s original Bitcoin prediction doesn’t seem to be coming true.
A week in the world of cryptocurrency. Then everything is still possible. The prediction of the anonymous cryptoanalyst PlanB could also still be done. What you shouldn’t do, and what the analyst isn’t suggesting, by the way, is accept the plan as what’s really going to happen. It is just an analysis based on a model, which Bitcoin fame shared in June of this year. The tweets are not financial advice and should be interpreted as information only.
His prediction sounded like this:
- August – $47,000
- September – $43,000
- October – $63,000
- November – $98,000
- December – $135,000
The predictions have come true in recent months. And because of that, PlanB grew in popularity. The analyst now has 1.5 million followers on Twitter. But for November the picture looks different. Bitcoin is currently at a price value of less than $60,000. With a week to go, $98,000 feels a long way off. An increase of more than 50 percent is a lot in percentage. In the world of crypto it is a bit more common and so you cannot exclude the analysis in advance.
Ultimately, it is important to make your own plan. Information from (anonymous) analysts and investors can be interesting as additional material, but do not form the basis of your investments. You can see an investment as homework and that is something that you will have to do yourself, just like at school, in order to benefit from it in the long term.
