PlanB Drops Massive Bomb On Bitcoin: “The Point Of No Return”

It seems that PlanB is more than optimistic regarding the price of Bitcoin these days. Check out the latest prediction that the analyst dropped on the social media platform X.

Here’s the tweet that the analyst shared on X:

Bitcoin is beyond the point of no return, a bull market (green) is inevitable, IMO. The only questions are: when does FOMO start, how high will this bull go, and how long will it last? pic.twitter.com/NuKPCZX1VC

— PlanB (@100trillionUSD) November 1, 2023

Someone commented: “I’ve been in this game for quite a while definitely loved the hype going into 2017 ATH. I feel more of a built up time for crypto to go on a good tear like it was in 2017 because more people are thirsty for profit. I didn’t really get that feeling in 2020 going into 2021.”

The crypto space is filled with optimistic prediitons about the price of Bitcoin, and the reason is the fact that we’re just ahead of the acceptance of a BTC ETF, especially coming from BlackRock.

A couple of weeks ago, we were revaling the fact that BlackRock’s iShares Bitcoin Trust is causing a tumult in the crypto space. It looks like it vanished from the DTCC where it was listed yesterday and caused BTC to surge straight to the moon.

Here is a relevant tweet below:

JUST IN – BlackRock’s iShares #Bitcoin Trust has been removed from the Depository Trust & Clearing Corporation, where it was listed yesterday. pic.twitter.com/BzvAXANOO3

— Bitcoin Magazine (@BitcoinMagazine) October 24, 2023

In other recent news, a crypto trader, who had accurately predicted the May 2021 crash of Bitcoin (BTC), has now expressed optimism about the cryptocurrency’s potential to start a fresh uptrend.

Dave the Wave, an anonymous analyst, has informed his 140,700 followers on the social media platform X that the weekly moving average convergence divergence (MACD) indicator of Bitcoin has turned bullish at the zero level.