PlanB did it again (100K by November?)

If you don't know him already, PlanB is the pseudonymous of a twitter user with more than 1 million followers who became famous by introducing the S2FX and S2F price models for Bitcoin,you can learn more about his work by following his twitter account or read his medium posts

Time will tell if he was right with his S2FX and S2F predictions, but a few months ago where many people were bearish PlanB has revised his price target for Bitcoin by the end of the year by introducing us his worst case scenario (which is not as bad as it sounds) on a twitter post

I know that I am rushing a bit but I can say that until now this model seems to be very accurate, the prices he predicts are very close to the monthly closings.  (data taken from coincodex

Aug>47K 

Sep>43K

Oct>63K

The time I write these lines (one day before the closing of the month) the Bitcoin price is about 62K (I will update with a screenshot soon)

Pretty impressive isn't it?

Of course, no one can tell for sure what will happen in Nov-Dec but hitting his price target 3 times in a row looks like a very good streak to me and since many of us were already waiting a new ATH in the next month I decided to double the amount of my DCA investment  from 150 EUR to 300 EUR (about 350 USD), and even if we don't see higher prices soon I am not going to regret it since I am a long time holder and always stack as many sats as I can.

In case you don't believe me here is a screenshot from my purchase.

What's next?

Some of you may ask what happens if he is correct and we'll reach 135K at December, his answer is simple "s2fx"

What does s2fx means? According to him 288K, but it is too early to talk about these prices now we'll wait and see.

So what do you believe about his predictions and the Bitcoin price in general? Don't forget to leave a comment and let us know your opinion.

Thanks for reading.

Disclaimer: This post is not a financial advice just my personal thoughts. Do your own research, Invest only what you can afford to lose, stay away from shady projects and of course HODL!