• News
    • Cryptocurrency News
    • Market News
    • Metaverse News
    • NFT News
  • News Flash
  • Marketcap
  • Binance Referral Code
  • Advertise

Subscribe to Updates

Get the latest crypto news from LockMeta about cryptocurrency, nft and metaverse.

Facebook Twitter Telegram
LockMeta
  • News
    1. Cryptocurrency News
    2. Market News
    3. Metaverse News
    4. NFT News
    5. View All

    Justin Sun deployed the UST/USDD pool on Uniswap with the 1 million UST purchased yesterday

    May 11, 2022

    South Korean online bank KakaoBank considers partnership with digital currency exchange

    May 11, 2022

    The total amount of USDD issuance exceeded 120 million US dollars, and the corresponding TRX destruction exceeded 1.6 billion

    May 11, 2022

    U.S. Senate Members Question Fidelity Investments’ Plan to Allow Bitcoin in 401(k) Accounts

    May 11, 2022

    Nervos CKB will undergo an important network upgrade tomorrow, the new mainnet will be named Mirana

    May 11, 2022

    Former Binance CFO Zhou Wei Acquires Philippine Crypto Wallet Service Coins.ph for Nearly $200 Million

    April 22, 2022

    JPMorgan CEO: Decentralized finance and blockchain are truly new technologies, and JPMorgan is at the forefront of innovation

    April 22, 2022

    Aura FAT Has Raised $115M in Nasdaq IPO

    April 20, 2022

    Car brand Lynk & Co launches Lynk & Co Park on Baidu Xiyang Metaverse Platform

    March 14, 2022

    Hong Kong market’s first metaverse-themed ETF to be listed on February 21

    February 17, 2022

    JPMorgan becomes the first bank to enter the Metaverse

    February 16, 2022

    Team Shiba Inu announces entry into the Metaverse with Shiba Lands

    February 11, 2022

    Otherside virtual land Otherdeed #59906 was sold at 625 ETH, setting the highest transaction record in history

    May 11, 2022

    BAYC #17 was sold at 410 ETH, and the floor price has dropped to 106 ETH

    May 11, 2022

    JVR Music: Fantasy NFT has nothing to do with the company or Jay Chou

    May 5, 2022

    The total amount of NFT sales on the Ethereum chain exceeds $25 billion, a record high

    May 5, 2022

    Justin Sun deployed the UST/USDD pool on Uniswap with the 1 million UST purchased yesterday

    May 11, 2022

    Nervos CKB will undergo an important network upgrade tomorrow, the new mainnet will be named Mirana

    May 11, 2022

    Otherside virtual land Otherdeed #59906 was sold at 625 ETH, setting the highest transaction record in history

    May 11, 2022

    South Korean online bank KakaoBank considers partnership with digital currency exchange

    May 11, 2022
  • News Flash
  • Marketcap
  • Binance Referral Code
  • Advertise
LockMeta

Home»News»Cryptocurrency News»Plan B: Believe Bitcoin price will reach $135,000 in December

Plan B: Believe Bitcoin price will reach $135,000 in December

Cryptocurrency News November 1, 2021
Facebook Twitter Telegram Email Pinterest LinkedIn Tumblr Reddit VKontakte WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit VKontakte Telegram WhatsApp

Bitcoin analyst Plan B has accurately predicted the closing price of Bitcoin in August and September. He predicts that Bitcoin will close at $63,000 in October. But at the evening of October 31, 2021, the price of Bitcoin was still at $61,000.

In the early hours of this morning, Bitcoin closed in November, and the price of Bitcoin fell below $60,000. Plan B’s October forecast fell through.

But Plan B was not discouraged. On November 1st, it tweeted that Bitcoin closed at $61,000 in October. Estimated with a 3% error, the price of Bitcoin will reach 98,000 USD in November and 135,000 USD in December.

Aug $47K✅
Sep $43K✅
Oct $61K new monthly close ATH!✅
Ok ok, 3% rounding error .. close enough for me
Next targets: Nov>$98K, Dec>$135K???? pic.twitter.com/7LSnQBYJ33

— PlanB (@100trillionUSD) November 1, 2021

Plan B is so emboldened. On the one hand, it is the scarcity brought about by Bitcoin’s own monetary policy. On the other hand, it is a reflection of the reality of the loose monetary policies of central banks, especially the Federal Reserve.

Is the reason for Bitcoin’s rise due to inflation?

According to Bloomberg News, Peter Thiel, a top angel investor in Silicon Valley. Said that the rise in the price of Bitcoin indicates that the current economic system is facing real inflation.

Thiel pointed out that price increases are not temporary, and the Fed has not solved the inflation problem, nor has it realized its seriousness. He said: “I’m not sure if people should actively buy Bitcoin with a price of $60,000, but I can be sure that the high price of Bitcoin tells us that this is the moment of crisis.”

Thiel emphasized that the Fed is not even aware of this key issue and mistakenly believes that it can print money without causing inflation.

Thiel’s views coincide with those of JPMorgan Chase in a report last month. JPMorgan Chase analysts believe that it is not only the enthusiasm caused by the first Bitcoin futures ETF in the United States that is pushing the price of Bitcoin to record highs, but also inflation.

bitcoin Plan B
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit VKontakte Telegram WhatsApp

Related News

Justin Sun deployed the UST/USDD pool on Uniswap with the 1 million UST purchased yesterday

South Korean online bank KakaoBank considers partnership with digital currency exchange

The total amount of USDD issuance exceeded 120 million US dollars, and the corresponding TRX destruction exceeded 1.6 billion

U.S. Senate Members Question Fidelity Investments’ Plan to Allow Bitcoin in 401(k) Accounts

Data: Ethereum miners earn more than Bitcoin miners for 12th straight month

Data: BTC/ETH futures open interest and options open interest both drop

About Us
About Us

Get the latest crypto news at LockMeta.
All crypto news about cryptocurrency, nft and metaverse.

Facebook Twitter Telegram
News
  • News Flash
  • Cryptocurrency News
  • Market News
  • NFT News
  • Metaverse News
  • Market Cap
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
© 2022 LockMeta.

Type above and press Enter to search. Press Esc to cancel.