📈 PlanB, the creator of the renowned 'stock-to-flow (S2F) model' for Bitcoin price prediction, shared insights on the potential impact of a Bitcoin spot ETF approval. He anticipates that the approval of a Bitcoin spot ETF in the United States will trigger a substantial influx of new money into Bitcoin.

PlanB further suggested that this inflow of capital into the Bitcoin market will likely suppress the chances of an altcoin season, where alternative cryptocurrencies see significant price surges. He believes that if a BTC spot ETF gets approval before or after the Bitcoin halving in April 2024, it could accelerate Bitcoin's price movement in line with the S2F model. 🚀📊 #Bitcoin #ETFBitcoin #CryptoPredictions