Bitcoin is about to enter a new bull market according to the stock-to-flow model. For the anonymous Bitcoin analyst PlanB and those who firmly believe in the accuracy of the Bitcoin stock-to-flow model, the first red dot in 3 years could be seen as the official start of another glorious Bitcoin bull run.
Based on Bitcoin’s historical price action, PlanB expects the largest cryptoccurrency to reach a price of $100,000 by December 2021.
Source: Twitter:
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