An important statement came today from PlanB, famous for adapting the stock flow model (S2F) to Bitcoin BTC. Making statements on his YouTube channel, PlanB gave an important detail for BTC. It also set the stage for a major market event starting this October. Let’s look at the details.
Has the halving cycle started for Bitcoin?
In a recent announcement made on its YouTube account, PlanB draws attention to the October closing price. Accordingly, he claims that it was the catalyst for a critical period that has historically outperformed the buy-and-hold strategy. According to the analyst, the October 31 Bitcoin closing date is very important. So what does the analyst mean by this?
PlanB refers to a specific time period that starts six months before the Bitcoin halving event and extends for another 18 months afterwards. To put it into perspective, we are only six months away from the Bitcoin halving, which happens every four years. Accordingly, it is planned to take place in April.
Comprehensive analysis
Based on PlanB’s comprehensive analysis, it is important to invest in Bitcoin BTC at the beginning of this period. Additionally, selling at the end proves to be a historically successful strategy. Essentially, this pattern shows that entering the market at the opening price in November could be a smart move. The cycle is then expected to continue until around October 2025.
For investors and traders, this prediction provides an intriguing possibility. If history repeats itself, it will be necessary to trade Bitcoin for months to come. It will also be an opportune time to take advantage of the upcoming halving cycle, which has shown profitable trends in the past.
Bitcoin cycle has a chance to win
As with every investment, it is important to remember that the cryptocurrency market is highly variable. Historical patterns point to potential gains. However, to be clear, there is no guarantee of this. Therefore, caution is needed when considering the significant potential the market has to offer. Additionally, as Kriptokoin.com always states, it would be wise to implement sound investment strategies.
Bitcoin’s future trajectory remains uncertain. On the other hand, PlanB’s stock-to-flow model provides a valuable framework for understanding price movements historically. It is necessary to note the upcoming period highlighted by PlanB. Accordingly, this could be a chance for traders and investors to implement this model and potentially ride the waves of the next Bitcoin cycle. If history repeats itself, the coming months will put investors in an advantageous position in the cryptocurrency market. We’ll wait and see.
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