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Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. The stock-to-flow model sees the stock as the size of existing reserves (or stockpiles) and the flow as the annual supply of new bitcoins to the market. Consequently, PlanB’s model envisions BTC tapping into a six-digit price territory by the end of the year, with the most optimistic prediction being at $288,000 in the next 60 days.
Guest: Evan Aldo Evan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo
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