Home Latest News PlanB Believes Bitcoin Will Skyrocket To $100,000

PlanB Believes Bitcoin Will Skyrocket To $100,000

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As per the opinion of PlanB, Bitcoin is set to reach $100,000 in 2023, as depicted by the stock-to-flow model (S2F) and logarithmic regression. He mentions S2F despite the recent failure of the S2F model, and his study of the worst-case scenario of the current market situation through the floor model or worst-case scenario model. 

This anonymous Twitter pseudonymous analyst later compared Bitcoins to other assets like gold (S2F ratio sits around 60 and $10 trillion) and real estate (S2F is at 100). It should be noted that this model has its fair share of hits and misses (however, hits are far higher). 

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