PlanB’s bull market signal flashed as Bitcoin price was trading firmly above the $62,000 mark.
The Bitcoin bull market officially started on March 1, according to pseudonymous quantitative analyst PlanB, who is also the creator of the controversial stock-to-flow (S2F) model for Bitcoin’s price.
The Bitcoin (BTC) accumulation phase has ended, along with the easy Bitcoin buying opportunities, according to an X post by PlanB, referencing the S2F chart.
The pseudonymous analyst’s prediction came two days after Bitcoin breached $60,000 for the first time in over two years. Bitcoin fell 0.75% in the 24 hours to 3:00 pm Central European Time to change hands at $62,472.
