Bitcoin to $500k after the halving in two years.
BTC/USD COINBASE:BTCUSD
The pseudonymous creator of the Bitcoin stock-to-flow model, PlanB, has spent the last few days tweeting his theories about where Bitcoin’s price could go next. The analyst noted that an older S2F model seemed to fit the asset’s current trajectory rather than the update which suggested Bitcoin reaching $100,000 soon.
PlanB claimed that $100k was “too high” an estimate, but consoled bulls by suggesting that the model pointed to Bitcoin reaching a price of $500k after the halving in two years.
