Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin
Submitted by Anonymous (not verified) on Sun, 11/10/2024 - 11:40
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to […]