NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Stock-To-Flow Creator “Relieved” After Bitcoin Price Plummets Below Trajectory

Anifowoshe Ibrahim
Anifowoshe Ibrahim
4 years ago
3 mins read
bitcoin stock to flow emotions-2764936_1920

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin fell below $50,000 on Friday. The pioneer cryptocurrency is currently trading at around $49,405 at 11:10 GMT. Within the last 24 hours, the coin lost 8.9%, a massive loss to traders and investors.

However, stock-to-flow models creator, PlanB, has said that he’s relieved that the coin has lost over 22% in just a week. Saying that Bitcoin is still acting “like clockwork” with regards to their price predictions.

“I Am Sort Of Relieved,” Says PlanB

In a tweet on Friday, analyst PlanB noted that the price dip to under $48,000 has sent BTC below it’s target laid out by his stock-to-flow model. Due to this, Bitcoin is no longer “front-running” stock-to-flow.

After the benchmark cryptocurrency traded above its required level, the quant analyst had suggested that the price movement of the coin was becoming inorganic.

Related Article | Bitcoin Dives Below Key Support, Here’s Why BTC Bears Are Back

“I am sort of relieved btc price is now under s2f model value again,” he wrote in a conversation with “The Bitcoin Standard” author Saifedean Ammous, who called PlanB’s predictions “astonishing.”

“For a moment I thought that people were front running the model and that the supercycle had started. Now we are back to normal .. like clockwork,” PlanB added.

Astonishing indeed, even to me. Btw I am sort of relieved btc price is now under s2f model value again. For a moment I thought that people were front running the model and that the supercycle had started. Now we are back to normal .. like clockwork. pic.twitter.com/BRHs30MPvJ

— PlanB (@100trillionUSD) April 23, 2021

The stock-to-flow and stock-to-flow (S2F) cross-asset (S2FX), variously call for an average BTC/USD price of $100,000 or $288,000 between now and 2024. This is the supercycle being expected.

PlanB said he believed Bitcoin would not stop at $100,000, which it should hit this year.

“Bitcoiners are often too bullish in the bull market, and too bearish in the bear market! I don’t think we supercycle this time either,”  podcast host Stephan Livera, responded to Ammous.

bitcoin 50000

Bitcoin price took a sharp dive below $50,000 | Source: BTCUSD on TradingView.com

Sentiment And Market Indications

Immediately the market dipped below $50k, notorious gold bug and crypto-skeptic, Peter Schiiff, was also quick to comment on the market action, poking fun at Bitcoin proponent Anthony Pompliano. He tweeted:

“Now that Bitcoin is back below $50k I think it’s time for @APompliano to tweet out $1k milestones on the way down the way he did on the way up.”

Now that #Bitcoin is back below $50k I think it's time for @APompliano to tweet out $1k milestones on the way down the way he did on the way up.

— Peter Schiff (@PeterSchiff) April 23, 2021

Pompliano responded: “Bitcoin is up 600% in last year. Gold is up 3% in last year. No more tweeting until gold can beat inflation, Peter!”

Though, various factors have been said to cause the current fall.

Related article | Bitcoin Loses Important Lifeline That Got Bulls Blood Pumping

Some analysts noted that CME futures is now trading below spot price as bearishness begins, as well as a negative Coinbase premium.

When Coinbase premium is positive, it suggests bullishness. but the reverse,  when Coinbase spot price is lower than that of fellow exchange Binance, is also true. Major sell orders on Coinbase, each one causing a brief downward spike in its orderbook spot price.

The Crypto Fear & Greed Index also remained in “greed” territory despite dropping to monthly lows, though still suggesting that a sentiment reset had yet to kick in.

Featured image from Pixabay, Charts from TradingView.com
Tweet123Share196ShareSend
Anifowoshe Ibrahim
Anifowoshe Ibrahim

Anifowoshe Ibrahim

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dvě kryptoměny, které mohou v roce 2025 proměnit 100 dolarů na 1 000.

Dvě kryptoměny, které mohou v roce 2025 proměnit 100 dolarů na 1 000.

Jak se ukázalo ke konci roku 2024, tajemství dosažení velkého zisku na trhu s kryptoměnami nebylo složitější než nákup téměř...

Doležal Pavel 2 hours ago
Dwie kryptowaluty, które mogą w 2025 roku zamienić 100 dolarów w 1 000.

Две криптовалути, които могат да превърнат 100 долара в 1 000 през 2025 г.

Както се оказа до края на 2024 г., тайната за постигане на големи печалби на криптопазара не беше по-сложна от...

Georgi Petrov 2 hours ago
Investing in crypto

Két kriptovaluta, amellyel 100 dollárból 1.000 dollár lehet 2025-ben

Ahogy 2024 végére kiderült, a kriptovalutapiacon való nagy nyereség elérésének titka nem volt bonyolultabb, mint szinte bármelyik, nem teljesen gyanús...

Kovács Bálint 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Worldcoin WLD news Sam Altman

Sam Altman’s Worldcoin Raises $135 Million—WLD Token Jumps 15%

Jake Simmons 1 hour ago
Dwie kryptowaluty, które mogą w 2025 roku zamienić 100 dolarów w 1 000.

Dwie kryptowaluty, które mogą w 2025 roku zamienić 100 dolarów w 1 000.

Zieliński Michał 2 hours ago
bitcoin

Bitcoin ATH Met With Mixed Whale Reactions – What’s The Market Signal?

Ash Tiwari 2 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Seize the opportunity while tariffs are suspended! Start...

    1 hour ago
  • BTC prediction: BTC break through $110,000 this week and is...

    2 hours ago
  • How to Make $4,000 a Day Using XRP on the New Age Cloud...

    8 hours ago
  • Are you still waiting? Others earn $12,000 a day from cloud...

    10 hours ago
  • ALL4 Mining Service Provider Launches User-Friendly Cloud...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.