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.'”

https://dailyhodl.com/bitcoin-indicator-suggests-btc-rise-to-10k-this-year-ahead-of-meteoric-surge-to-1-million-says-analyst/

 

 

Expert Asked on November 26, 2019 in Bitcoin.
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