PlanB, a former institutional investor with 25 years of experience in financial markets turned anon Bitcoin analyst, discusses Bitcoin’s price action, from the macroeconomic drivers to what his models predict for the rest of 2021. Show highlights:

PlanB’s background and how he got into Bitcoin
what a stock-to-flow model is and how PlanB uses it to predict Bitcoin’s price
why PlanB called for a $1 trillion market cap when Bitcoin was priced at sub $4K
how the approval of a bitcoin futures ETF has affected Bitcoin’s price
why institutions are more comfortable with bitcoin futures, rather than the underlying asset
how to properly calculate gold’s stock-to-flow model
why he believes the stock-to-flow models works -- even when detractors say it is flawed
how the pandemic has affected Bitcoin’s price
what PlanB thinks about China’s decision to effectively ban Bitcoin
the three charts PlanB uses to model Bitcoin
what the price floor for Bitcoin will be in October, November, and December
whether PlanB thinks we are in a supercycle

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Episode Links

PlanB:

Twitter: https://twitter.com/100trillionUSD
Website: https://100trillionusd.github.io/

Topics Covered

Stock-to-flow modeling
Bitcoin RSI
- https://twitter.com/100trillionUSD/status/1451128329176768514
Worst-case scenario BTC prices
- https://twitter.com/100trillionUSD/status/1406577006230245376
Bitcoin futures ETF approved
- https://www.coindesk.com/policy/2021/10/15/sec-approves-bitcoin-etf-opening-crypto-to-wider-investor-base/
China’s decision to boot out crypto miners
- https://www.coindesk.com/business/2021/10/13/us-claims-bitcoin-mining-crown-following-china-crackdown/
- https://www.theblockcrypto.com/post/109315/bitcoin-hashrate-declines-50-percent-china-mining-crackdown
Why stock-to-flow is not accurate
- https://francistapon.com/Work/WanderLearn-Podcast/8-Flaws-in-Bitcoin-s-Stock-to-Flow-Model-Will-Doom-It
Bitcoin supercycle
- https://www.coindesk.com/markets/2021/06/17/the-supercycle-how-crypto-could-shape-the-decade-ahead/

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