Finding Bottom in Bitcoin in 2016 and 2019, PlanB Announces Its New Purchase Level!

We convey at every opportunity that Bitcoin is a long-term investment tool. Bitcoin has never let its believers down. Of course, that doesn’t mean it will happen again.

As we have reported in many previous analyzes, we bitcoinAs those who believe in the future of , we think that price movements below $20,000 create great opportunities for investors.

At this point, it should not be overlooked that this is a long-term investment that requires patience.

The final comment on this came from the renowned in-chain analyst and inventor of the S2F model, PlanB.

Explaining that he had bought Bitcoin at many bottom prices before, the famous name said that he made his last purchase at $ 20,000.

Here is PlanB’s share:

“My first Bitcoin investment was in 2013, 2015-2016, 2 years after reading the Bitcoin white paper, and I bought it at $400 (yellow dot).

My second purchase was when I released S2F at the bottom of the bear market in 2018/19. I got it for $4000.

My third investment is now at $20,000.

*Not Investment Advice.

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