714: BITCOIN BULL RUN HAS ‘AT LEAST 6 MONTHS TO GO’ SAYS S2F CREATOR!! BTC WILL BE CURRENCY IN BRAZIL!!
It’s no secret that the best-known Bitcoin analysts are calling for a spectacular Q4 performance from BTC price action.
For PlanB, creator of the stock-to-flow model family, the “worst case scenario” for Bitcoin has come true two months running.
His floor estimates now call for $63,000 by the end of October - $98K by end of November - and a whopping $135,000 for the December close.
Zooming out, however, the picture remains even rosier for Bitcoin bulls, he says. In his latest stock-to-flow cross-asset (S2FX) update, PlanB showed price behavior being roughly 50% through its bull cycle, leaving the door open for rapid gains.
“My guess: this 2nd leg of the bull market will have at least 6 more months to go.”
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