PlanB predicts USD 288,000 per Bitcoin

PlanB itself predicts a rate of at least USD 288,000 with its S2F model. The Winklevoss brothers also see Bitcoin on a par with gold. If BTC reaches the gold market capitalization of around USD 9 trillion, the price would be beyond USD 500,000.

But it is also clear that Bitcoin always needs more fresh capital for further growth. Because with 900 BTC that are emitted every day, it only takes a purchase pressure of 18 million USD just to maintain the current price level. On the other hand, if you consider that more and more Bitcoiners are withdrawing their coins from exchanges and companies are now running into debt in order to buy new BTC, the shortage in the market could provide new price highlights.

These are all staggering numbers that have the potential to help individual actors achieve sheer unbelievable wealth. Nothing is guaranteed. But if you do not recognize that Bitcoin is in a historical upward trend, which can certainly lead to adventurous courses, you are not looking properly. One thing is clear, however: 2021 will be a wild ride.

Where is the journey going?

In fact, Bitcoin behaves amazingly predictably. If you use the stock-to-flow model, for example, you almost get scared. Because the precision with which PlanB predicts the rise of new money is almost unbelievable.

The current course activity is therefore most comparable to 2016. Because even then the Bitcoin inflation rate halved and the price moved slowly but surely towards the all-time high established in December 2013 at 1,100 US dollars. If you continue to apply the template from previous cycles, we should see a bull market next year that dwarfs everything. Because although the crypto currency No. 1 has repeatedly corrected sharply, the long-term trend is as clear as day: it goes northwards.

Let’s assume that Bitcoin grows at the same rate as a year after the last halving, i.e. 2017, the price would be 400,000 US dollars at the end of 2021. That sounds hair-dusting. But if you consider that Bitcoin has already experienced such price jumps twice in its history, this idea seems a bit more realistic.

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