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The Crypto Basic
2023-01-04 14:28:21

Stock To Flow Model Creator Says BTC Is Weak Despite Recent Gains

Stock To Flow Model Creator Says BTC Is Weak Despite Recent Gains

Despite setting off on a slowly-gaining path, BTC is showing weak signs, says Plan B. PlanB, an analyst who rose to prominence by creating the BTC Stock-to-Flow model, in a tweet today, has asserted that Bitcoin is “weak” despite recent gains. PlanB highlighted the bearish metric today, citing bitcoin’s Relative Strength Index (RSI). PlanB’s chart The post Stock To Flow Model Creator Says BTC Is Weak Despite Recent Gains first appeared on The Crypto Basic .

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