704: BITCOIN DECEMBER CLOSING PRICE PREDICTIONS!!!! YOU CAN NOW GET PAID IN BTC TO USE TWITTER!!!!
Quantitative analyst PlanB believes Bitcoin will hit a six-figure price by the end of the year despite the recent meltdown in the cryptocurrency markets.
PlanB tells his 833,000 Twitter followers that BTC will close at or above $100,000 in December, according to his stock-to-flow (SF2) model.
However, based on logarithmic regression or the time model, the quantitative analyst says the flagship cryptocurrency could fall to $30,000.
“So what will Bitcoin’s December closing price be?
– S2F model says $100K
– Time model (logarithmic regression) says $30K
Next couple of months will be Interesting. My money is on S2F, of course.”
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