Bitcoin Stock-to-Flow Signals Imminent Rise to $10K
And then on to $1 Ml!
Bitcoin Stock-to-Flow Signals Imminent Rise to $10K Ahead of Meteoric Surge to $1 Million, Says Analyst PlanB
“One of the most closely followed crypto analysts in the industry says he thinks Bitcoin is likely to stage a major comeback and return to $10,000 – before the new year. That leaves 39 days for BTC to surge roughly $3,000 from its current price around $7,000.
According to the anonymous analyst known as PlanB the asset’s stock-to-flow ratio is flashing a rare buy opportunity, suggesting a turnaround is on the horizon.
‘Call me crazy, but it wouldn’t surprise me if BTC closes 2019 at $10k+.
Opportunities like this (Bitcoin below S2F model value, 6 months before the halving) are rare.'”