RWA PlanB, the creator of the stock-to-flow model, predicts Bitcoin may need to drop below $53,000 before reaching a true market bottom. This forecast suggests further downside risk for the leading cryptocurrency in the near term.
PlanB, the creator of the stock-to-flow model, predicts Bitcoin may need to drop below $53,000 before reaching a true market bottom. This forecast suggests further downside risk for the leading cryptocurrency in the near term.