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Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin

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Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin

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Source: Bitcoin.com

Analyst: Stock-to-Flow Model Forecasts $500K per BitcoinIn 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 […]

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