According to Michaël van de Poppe, the rainbow chart is a reliable indicator of Bitcoin's position in its cycle, suggesting that the current valuation is low. Van de Poppe highlights the Stock-to-Flow (S2F) model by Plan B, which forecasts a Bitcoin price of $500,000. This model provides a fair estimate for Bitcoin's potential valuation in this cycle, impacting trading strategies considerably. Source: Michaël van de Poppe.

According to Paolo Ardoino, El Salvadorians are welcomed and will play a key role in the Plan B El Salvador initiative, potentially influencing the country's integration into the cryptocurrency market.

According to Paolo Ardoino on Twitter, El Salvadorians are set to play a central role in Plan B El Salvador, which could open new trading opportunities within the cryptocurrency market. This initiative might influence local trading dynamics by increasing Bitcoin adoption, as El Salvador continues to embrace cryptocurrency as a national currency. Traders should monitor developments closely as they could impact trading volumes and volatility in the region.