PlanB: Right Now Is The Best Opportunity In History To Buy Bitcoin

According to Bitcoin analyst Plan B, all the indicators all flashing green for what’s incoming for Bitcoin (BTC) in the coming months – unless something unexpected happens.

The analyst explained in a recent interview with Blockware Intelligence, why he sees several Bitcoin metrics sending positive signals.

“At the risk of being called a moonboy, all the signals, whether you look fundamentally, like stock-to-flow for example or on-chain, realized cap or other metrics, or in the news, the macro news, the number of countries that are opening up to Bitcoin. Everything is positive.”

PlanB became famous for being the first to apply stock-to-flow (S2F) model to Bitcoin. S2F is traditionally used in commodities markets comparing an asset’s supply to the rate at which it’s being produced.

Bitcoin hasn’t lately moved according to PlanB’s S2F model, but the analyst hasn’t lost hope in the leading digital asset.

While he notes that a black swan (a highly improbable event) could happen, in order to foresee BTC’s next rally, the analyst is closely watching Bitcoin futures premiums and when they start to rise.

“Of course, there can be a black swan. Of course, something can happen that we haven’t seen in the past or that is a real black swan, but volatility is low, the futures premium is low.

I watch that like a hawk. If that will go up again – if the leverage will enter the market again.”

According to PlanB right now is an incredible opportunity for Bitcoin investors to take positions.

“The dormant coins, the people in profit, the people in loss, I can’t imagine unless a black swan, any other scenario that this is one of the best buying opportunities that we have seen in the entire history of Bitcoin.

It’s compatible to the beginning of 2016, 2011, 2013, or 2012 even. The beginning of the bull run.

I know that sounds like moonboy stuff, but that’s how I look at it.”

At time of writing, Bitcoin is trading at $41,397.