S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021
PlanB, the creator of the stock-to-flow model, has little doubt Bitcoin price is on track to hit $100,000 by December 2021 PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its way to hit $100,000. The pseudonymous analyst expects the dominant cryptocurrency to achieve the $100,000 to $288,000 range by December 2021.Bitcoin would have to increase by around 545% from the current price to surpass $100,000. At that price point, the market capitalization of BTC would near $2 trillion, or roughly the same as Apple, the world’s most valuable....
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The Bitcoin bull run of 2021 has "at least some months" left to go, says PlanB amid impatience as BTC/USD hovers below recent highs. Bitcoin (BTC) has plenty of room to grow in its current bull run and “will not stop” at $100,000, according to analysts including PlanB.In various posts on social media on March 17, the stock-to-flow Bitcoin price model creator joined others in predicting huge new all-time highs for BTC/USD.PlanB taps S2FX model's $288,000 average priceWith Bitcoin trading sideways below both its recent peaks of $58,300 and $61,700, investors are curious about where the 2021....
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched an all-time high (ATH) this year at $23,777 per coin, derivatives markets have been seeing lots of action as well. On Thursday, December 17, 2020, researchers from skew.com tweeted about the record BTC options volumes crossing $1....
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% Higher Than S2F Trajectory Plan B’s stock-to-flow model otherwise known as (S2F or S2FX) is a popular chart that measures the existing number of BTC in circulation (stock) and pairs it against the number of issued coins minted during mining (flow). To many....
Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.”
The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’
Many bitcoin speculators and investors believe the road to $100K is not only probable, but guaranteed. Bitcoin.com News has covered numerous individuals, experts, analysts, and advisors this year....
A few weeks ago, a bizarre news story about a supposed “Reasonable Doubt” NFT confused the world. Something similar happens each time former partners Jay-Z and Dame Dash collide. On this occasion, the subject at hand was Jay-Z’s first album, the classic “Reasonable Doubt.” Apparently, Dash planned to sell an NFT of the album and […]