Plan B’s Bitcoin at $100k has been pushed back by around…

ambcrypto.com:

If Sherlock Holmes ever decided to solve a mystery within the crypto community, his first one might be the curious case of PlanB and the $100k Christmas of 2021 that never came. Now, as the first quarter of 2022 slowly comes to a close, let’s check on the pseudonymous creator’s Bitcoin stock-to-flow model to see if it’s still kicking.

The long and short of it is that if you believe in the S2F model still, the $100,000 Bitcoin deadline has been pushed back.. .by around two years. PlanB’s S2F analysis showed that Bitcoin’s price is still in the lowest band of the S2F model. This is a worrying sign for many investors who want a straight run to the finish line.

However, models are rarely so simple and it’s clear that there’s a lot of wiggle room for BTC, where S2F is involved.

— PlanB (@100trillionUSD) March 16, 2022

So what’s the reason for this delay? For his part, PlanB attributed it to the war, expectations surrounding the Federal Reserve rate hike, and China’s mining ban.

At press time, Bitcoin had crossed the $40,000 mark yet again and was trading at $40,826.17 after rising by 1.16% in the past 24 hours and rallying by 3.97% in the past seven days. Adding to that, the market has been in a state of extreme fear for several consecutive days now.

After touching ATHs above $65,000, the king coin is now struggling to stay above $40,000, let alone shatter the $45,000 resistance. Naturally, with the ongoing Russia-Ukraine war-making more people turn to gold instead, investors are getting scared.

What’s more, a report by Arcane Research