Known as a “quantitative analyst” in the crypto world PlanBupdated its Bitcoin (BTC) price target for the first quarter of 2022. According to analyst BTCwill show a “hyperbolic” rise where it will outperform all other cryptoassets. Here’s PlanB Bitcoin (BTC) price estimation.
Anthony Pompliano Based on various models, PlanB, who thinks that Bitcoin is likely to rise up to 700% in the first quarter of next year, said in an interview withhyperbolic“He thinks there will be an increase.
“If I were to examine the signals on the chain, I would say the peak will be in at least a few months, say about six months. This coincides with the end of the first quarter of 2022. The third model I use is of course the “floor model”. According to on-chain technical data $135,000 (while the analyst stated this level, he also commented that it is not based on stock flow).
I think we’ll be over $100,000 by the end of the year, over $135,000 I guess, followed by a stock flow of maybe $288,000 or even more.S2FX) we will continue to move towards the model target. 300,000, 400,000, or in the second quarter of next year 500,000 dollarsI wouldn’t be surprised if we see prices for the first quarter, even if we see it in the first quarter.”
Traditionally used to monitor the performance of commodities such as precious metals. stock flow model (S2F)A technique that compares the price of an asset with its current supply. of PlanB stock-to-flow cross-asset model (S2FX)focuses on the phases of Bitcoin’s transition from proof of concept to a financial asset to provide a valuation for BTC.
PlanB, thinks that in the long run, Bitcoin will see a hyperbolic rise.
“Right now the money is in the hands of the ‘elders’. Real estate, gold and in the physical world… Digital is a scarce new generation concept, so I think this will happen, but I can see a linear relationship between scarcity and value in my model. Scarcity is, I think, the most important factor causing this linearity.
This, I think, will change things like divisibility, mutability, portability, and the scarcity of Bitcoin will be better than real estate. Then we will be entering this FOMO (fear of losing), hyperbolic scenario now or next year/years…
Let’s say 2024 to 2028, this could be the period, or maybe a little later, somewhere between 2024 and 2032. Yes, I think we can both agree on that: this will be the hyperbolic scenario. “Bitcoin will be by far the best asset, physically, dynamically and mathematically.”
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