Home > web3.0 > Bitcoin (BTC) Looks All Set for a Series of Big Rallies, Predicts' popular crypto analyst PlanB

Bitcoin (BTC) Looks All Set for a Series of Big Rallies, Predicts' popular crypto analyst PlanB

Linda Hamilton
Release: 2024-11-10 03:20:10
Original
197 people have browsed it

Popular crypto analyst PlanB in a latest YouTube video has revealed that Bitcoin (BTC) looks all set for a series of big rallies.

Bitcoin (BTC) Looks All Set for a Series of Big Rallies, Predicts' popular crypto analyst PlanB

Popular crypto analyst PlanB has revealed in a latest YouTube video that Bitcoin (BTC) is primed for a series of major rallies. According to his analysis, Bitcoin could cross $250,000 in the coming years, based on his stock-to-flow (S2F) model.

Popular crypto analyst PlanB has revealed in a latest YouTube video that Bitcoin (BTC) is primed for a series of major rallies. According to his analysis, Bitcoin could cross $250,000 in the coming years, based on his stock-to-flow (S2F) model.

The stock-to-flow (S2F) model predicts the performance of an asset based on the principle that its price increases as the asset becomes more scarce. Historically, PlanB’s S2F model has indicated the commencement of strong bull runs right after the halving, with the printing of a red dot.

The stock-to-flow (S2F) model predicts the performance of an asset based on the principle that its price increases as the asset becomes more scarce. Historically, PlanB’s S2F model has indicated the commencement of strong bull runs right after the halving, with the printing of a red dot.

After Trump’s election victory, Bitcoin reacted to 76k and “if history is any guide, if the stock to flow model, is any guide, then we’ll see sharp price increases from here the red dots will continue..”

After Trump’s election victory, Bitcoin reacted to 76k and “if history is any guide, if the stock to flow model, is any guide, then we’ll see sharp price increases from here the red dots will continue..”

From the stock-flow model, he notes that, probably, the average bitcoin price in this halving cycle will be around $500,000.

From the stock-flow model, he notes that, probably, the average bitcoin price in this halving cycle will be around $500,000.

“In short, the stock to flow model and I think that Bitcoin average price in those four years, in next four years, will be within 250,000 and 1 million,”, the analyst boldly stated.

“In short, the stock to flow model and I think that Bitcoin average price in those four years, in next four years, will be within 250,000 and 1 million,”, the analyst boldly stated.

But why would the price increase sharply from here from the already high of $76,000?

But why would the price increase sharply from here from the already high of $76,000?

Trump Victory, Saylor’s Plan, And ETF Inflows:

Trump Victory, Saylor’s Plan, And ETF Inflows:

The analyst pointed to a few factors. He mentioned Trump’s victory and that he’s known to be pro-Bitcoin, unlike the Democratic president President Biden before him. He also noted Trump’s Bitcoin reserve plan as he is aiming for 1 million Bitcoins over the next 5 years, which is 200,000 Bitcoins per year. He remarked that the buying pressure of that action alone would be massive.

The analyst pointed to a few factors. He mentioned Trump’s victory and that he’s known to be pro-Bitcoin, unlike the Democratic president President Biden before him. He also noted Trump’s Bitcoin reserve plan as he is aiming for 1 million Bitcoins over the next 5 years, which is 200,000 Bitcoins per year. He remarked that the buying pressure of that action alone would be massive.

Moreover, Microstrategy’s Michael Saylor recently announced a $42 billion Bitcoin buy program for the next three years, which also comes around to 200,000 Bitcoins every year, which could greatly fuel the bull run.

Moreover, Microstrategy’s Michael Saylor recently announced a $42 billion Bitcoin buy program for the next three years, which also comes around to 200,000 Bitcoins every year, which could greatly fuel the bull run.

He also highlighted the ETF inflows and noted that the ETF inflow has been very high since Trump’s win and he expects it to continue to increase. He concluded by stating that there are many reasons why Bitcoin price can increase sharply from where it is today.

He also highlighted the ETF inflows and noted that the ETF inflow has been very high since Trump’s win and he expects it to continue to increase. He concluded by stating that there are many reasons why Bitcoin price can increase sharply from where it is today.

The above is the detailed content of Bitcoin (BTC) Looks All Set for a Series of Big Rallies, Predicts' popular crypto analyst PlanB. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Latest Articles by Author
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template