The founder of this stock-to-flow version — PlanB — considers that the Bitcoin cost will continue to rise strongly. According into PlanB, the possible cost in 2021 will be $450,000.
PlanB: Bitcoin cost will reach ATH in October this season
Known as the father of this Stock-to-flow version, PlanB has changed the mood of investors at the cryptocurrency marketplace generally in recent times.
Even since the BTC/USD exchange rate has fixed many times at low costs in the last few months, PlanB is firmly convinced that the medium-term goal of BTC remains possible.
In reality, not long ago, PlanB did a Stock-to-Flow evaluation: Bitcoin will strike a cost of $288,000 in December. This comment comes just as the BTC/USD exchange rate on June 12 fell 7 percent.
“The worst case scenario for Bitcoin by the end of the year is $135,000.”
Even in the worst case BTC will trade at 47,000 USD in August, followed by a reversal in September with a low of 43,000 USD. By October, the purchase price will be 63,000 USD — near an all-time large. November will reach 98,000 USD and at the end of the year will pass 135,000 USD.
So, Bitcoin still has 4 months left to strike ATH again. In reality, PlanB’s prediction obtained more support than the bearish patterns indicated by other dealers. One of these comprises Josh Rager, who said that $64,500 is going to be the top of the Bitcoin price cycle.
Robert Kiyosaki: Buy BTC at $24,000
On June 20, Bitcoin traded as low as $33,337. At this cost, BTC is down 5% on the day in addition to erasing the majority of the last week’s gains.
At the exact same time, a great deal of remarks about Bitcoin being in a downtrend have been made on social networks. Typical one of them is the sharing of Robert Kiyosaki, the writer of Rich Dad Poor Dad.
Biggest bubble in history becoming larger. Biggest crash in history coming. Buy more silver and gold. Waiting for Bitcoin to fall to $24k. Crashes best time to get wealthy. Take care.
— therealkiyosaki (@theRealKiyosaki) June 19, 2021
“The biggest bubble in the history of the world is getting bigger and bigger. The biggest drop in history is coming. Let’s buy more gold and silver, wait for Bitcoin to drop to 24,000 USD. This is the best time to get rich. Be very careful.”
Synthetic
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