Bitcoin Will Hit $288,000 | PlanB, Creator Of Stock-To-Flow Model Explains Why
With over 25 years of experience in institutional investing, PlanB migrated his skills over to the world of cryptocurrencies, creating Bitcoin’s famous Stock-to-Flow price predictive model. Praised around the world for its stellar accuracy, PlanB predicts that Bitcoin will hit $288K or even higher during the current cycle. PlanB’s confidence in the model is so strong that he believes the leading cryptocurrency is more likely to reach $250K or $300K than it is to plateau around $100k during this cycle. In this episode, PlanB explores: Market predictability Supply-side shock The Stock-to-Flow model $288k Bitcoin The fall of the dollar A one hundred trillion dollar note The cash and carry trade The S2FX model Being halfway through the cycle A million-dollar Bitcoin --- Nexo Try Nexo’s full-suite, instant crypto banking service, featuring: savings accounts with up to 12% interest on crypto, stablecoins & fiat; flexible crypto-backed credit lines at just 5.9% APR; an exchange with 75+ crypto and fiat pairs and best-price guarantee. All this and more wrapped up in a single Nexo Wallet. Start banking at https://thewolfofallstreets.link/nexo or download the app on Google Play or the App Store. --- Cosmos Visit https://thewolfofallstreets.link/cosmos to learn about the Cosmos Hub and how the $ATOM can connect every blockchain. Cosmos is the port city connecting chains like Bitcoin and Ethereum to ensure your liquidity on any chain can be used anywhere. Find new staking opportunities, applications, or build your own parachain at https://thewolfofallstreets.link/cosmos --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co ーーー Join the Wolf Den newsletter: ►►https://www.getrevue.co/profile/TheWolfDen/members Learn more about your ad choices. Visit megaphone.fm/adchoices
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