Bitcoin will reach at least $ 100,000 and USD 1 million
Bitcoin will reach at least $ 100,000 and USD 1 million
- Planb, the pseudonymous creator of the Bitcoin Stock-to-Flow (S2F) model, is not worried about Bitcoin's short-term price.
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According to him, it is very exciting to observe whether it will reach $ 100,000 in the next two years or even next month.
Under otherwise same conditions, Bitcoin has had a very good year behind, since investors returned to it as a hedging against the 2021 quite high inflation. In November, the financial price recorded an all -time high of almost $ 69,000 before taking a dive. Some experts do not expect Bitcoin to recover. One of them is Carol Alexander, professor of finances at Sussex University. He predicts that Bitcoin will fall up to $ 10,000 in 2022.
If I were an investor now, I would think about getting out of Bitcoin soon, since the price will probably crash next year.
While this has aroused afraid of some crypto investors, Planb, the pseudonymous creator of the Bitcoin Stock-to-Flow (S2F) model, is not worried. According to him, Bitcoin will reach at least $ $ 100,000 in this halder cycle from Bitcoin and $ 1 million in the previous half -time cycle.
related : Planb reveals Bitcoins "Worst-Case scenario for 2021"-$ 135,000 by December
in an interview with Madelon Vos, analyst and Youtuber said that he was not worried about Bitcoin's short-term price, since he has a long-term view of the asset. According to him, it is very exciting to observe whether it will be $ 100,000 in the next two years or even in the next month.
I actually work on the next cycle because I really don't care whether it gets stuck at $ 50,000, $ 100,000 or $ 288,000
Bitcoin Stock-to-Stock (S2F) model-Plan B
planb on explains font-weight: 400; "> that the Bitcoin market goes beyond its short-term price and its expectation is currently on the phase of its development. According to him, investors Bitcoin in Phase 5, a point at which heavy -weight institutional investors like Michael Saylors Microstrategy take it into your cash register. Insofar as this creates a positive environment for Bitcoin in order to grow even higher, it also brings the asset to a geopolitical field.
In terms of hyperbitcoinization, Planb said that it was not the right time to open this discussion. He expects this to be a topic of discussion if the asset exceeds the upper limit of $ 1 trillion for gold and the upper limit of $ 1 trillion of the real estate market.
While the S2F model, a model that has been developed to help him, without acting emotions, has been constantly criticized lately, Planb believes that it is still very ready for use. When asked whether he has confidence in the S2F model, he said "yes".
using the Floor model, he predicted that Bitcoin would reach $ 100,000 before the end of the year. With only 4 days to enter a new year, he alleviated his attitude towards this prediction.
If it fails, it fails. If it works, then it works.
He also emphasized that the S2F model will remain valid for as long as the Bitcoin price moves on a linear path, the price increases when the demand is increasing in relation to the decline in the offer.