DiscoverCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News688: STOCK-TO-FLOW CREATOR SAYS NO TOP IN SIGHT FOR BITCOIN, STANDS BY YEAR-END 6-FIGURE BTC PREDICTION!!
688: STOCK-TO-FLOW CREATOR SAYS NO TOP IN SIGHT FOR BITCOIN, STANDS BY YEAR-END 6-FIGURE BTC PREDICTION!!

688: STOCK-TO-FLOW CREATOR SAYS NO TOP IN SIGHT FOR BITCOIN, STANDS BY YEAR-END 6-FIGURE BTC PREDICTION!!

Update: 2021-09-08
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Quantitative analyst PlanB says Bitcoin is still on track to reach his bold end-of-year BTC price prediction.

The pseudonymous analyst tells his 736,300 Twitter followers that the stock-to-flow model (S2F), which he popularized in the cryptocurrency space, still forecasts a six-figure price for BTC by Christmas.

“Baseline S2F forecast of $100,000 by Christmas still stands (or more precise: $100,000 average for this halving period 2020-2024).

On-chain (non-S2F) indicator shows no sign of a top yet (no red dots). This is in line with S2F forecast.”

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688: STOCK-TO-FLOW CREATOR SAYS NO TOP IN SIGHT FOR BITCOIN, STANDS BY YEAR-END 6-FIGURE BTC PREDICTION!!

688: STOCK-TO-FLOW CREATOR SAYS NO TOP IN SIGHT FOR BITCOIN, STANDS BY YEAR-END 6-FIGURE BTC PREDICTION!!

Justin Verrengia