Will PlanB's inventory flow model be proved to be surprisingly accurate to date for BITCOIN?
Bitcoin has been relatively quiet compared to general movements and other cryptocurrencies such as Doge Coin and Ethereum in recent years.
After falling briefly below $54,000 on Tuesday, it has now risen to nearly $4,000.
Some market analysts claim it's a consolidation period ahead of another potential bullish towards more than $100,000. Others predict it will drop to around $30,000.