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Quant Analyst PlanB Says 5,800% Bitcoin Rally Is Coming, Calls Current Price a ‘Steal’
The popular quantitative analyst PlanB is doubling down on his forecast of a massive rally for Bitcoin (BTC).
Kripto-tahlilchi Skott Melker bilan yangi intervyusida, PlanB deydi Bitcoin could soar more than 5,800% based on the stock-to-flow model he is well-known for.
The stock-to-flow model predicts an asset’s value changes by comparing its current price to the rate at which its supply is mined. Bitcoin’s supply will become squeezed with the next halving event scheduled in 2024.
“Agar biz eski model, original 2019 modeli, 55,000 100,000 dollarlik modelni toʻgʻri deb hisoblasak, keyingi yarmlashuv qayerdadir narxlarning oshishiga olib kelishi mumkin – va men juda keng assortimentni yaratyapman, baʼzilarga bu yoqmaydi – lekin qayerdadir 1 ming dollardan XNUMX million dollargacha.
PlanB says he is confident of the forecast unless his model is proven invalid or “Bitcoin dies.”
Yozish paytida, Bitcoin is changing hands at $16,841. A price rally to $100,000 would increase the top digital asset’s current value by 494%. To reach $1 million, Bitcoin would need to increase in price by 5,837%.
“Biz 100,000 1-XNUMX million dollar oralig'iga borishimizga shubham yo'q va bunga qanday qarasangiz ham, agar siz shunday deb hisoblasangiz, hozirgi narx o'g'irlikdir. Ha, men juda optimistikman."
Yaqin kelajakda PlanB ilgari dedi bir Bitcoin bottom could form sometime within the next three months. He said Bitcoin typically reaches a bear market low about 18 months after hitting a record-high price.
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Xabar Quant Analyst PlanB Says 5,800% Bitcoin Rally Is Coming, Calls Current Price a ‘Steal’ birinchi bo'lib paydo bo'ldi Daily Hodl.
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