- A renowned crypto analyst says Bitcoin will flow soon.
- This is likely because stock patterns are reaching that of its 2021 performance.
- In comparison, Bitcoin (BTC) could be showing the same patterns.
PlanB has once again created a stir within the Twitter crypto community. This time, the long time Bitcoin (BTC) and crypto trader, analyst, and investor goes on the compare the present performance of stocks to that of Bitcoin (BTC).
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In detail, @100trillionUSD draws the attention of the Twitter crypto community with a new chart that highlights the performance of investments since 2011. Specifically, the analyst predicts that stocks are almost at its 2021 performance mark.
In comparison, PlanB notices that the performance of Bitcoin (BTC) also seems to be following the pattern of the stocks. That is to say, PlanB believes if the stocks are performing as they did in 2021, Bitcoin (BTC) may also follow suit.
Presently, the price of Bitcoin (BTC) is $24,099.88, according to CoinGecko. More so, this means the price has gone up by 3.9% over the last 7 days. With a total market cap of $460,878,913,403, we can clearly see the reflection of the Crypto Greed and Fear Index which is at 41.
In response to the tweet and its chart, most are supporting Bitcoin’s (BTC) steady rise to recovery, and possibly a new ATH. After all, many expect the price of Bitcoin (BTC) to reach $250,000 at the end of this year or early next year.
Meanwhile, some comments express how they tend to count on PlanB for reliable chart analysis and price predictions. In fact, PlanB recently shared their advice on how to become a millionaire with crypto investments.
In particular, PlanB wrote a blog and shared it as a PDF on Twitter. The crypto community on Twitter was quite enthusiastic about receiving some inside knowledge on the matter. To highlight, the article was about ‘Quant Investing 101’.
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