Bitcoin Analyst Plan B Shares One Bullish Metric Amid Carnage

Legendary Bitcoin researcher and analyst PlanB , author of the"Stock-to-Flow" model of BTC valuation and $1,000,000 price prediction, is certain that Bitcoin is oversold right now.Mr. PlanB has taken to Twitter tothe motivation of his"hopium" as exhausting cryptocurrency market carnage shows no signs of losing steam.

He noticed that Bitcoin , the flagship cryptocurrency, has remained in the $30,000-$60,000 range for more than 18 months. However, Bitcoin met the $30,000 threshold with different sentiment by traders.

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