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⛓️ Crypto🟢 BullishImportance 7/10

Bitcoin Could Average $500,000 This Cycle, According to Updated S2F Model by PlanB

U.Today|Gamza Khanzadaev|
🤖AI Summary

Quantitative analyst PlanB has updated his Stock-to-Flow (S2F) model for Bitcoin, projecting an average price of $500,000 by 2028. This represents a significant bullish forecast for Bitcoin's price trajectory over the current market cycle.

Key Takeaways
  • PlanB has released an updated version of his Bitcoin Stock-to-Flow model.
  • The updated S2F model forecasts Bitcoin could average $500,000 by 2028.
  • This price prediction represents substantial upside potential from current Bitcoin levels.
  • The forecast is based on Bitcoin's stock-to-flow ratio analysis methodology.
Mentioned Tokens
$BTC$67,069-1.2%
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