but what is the moon for bitcoin because clearly the current prices isn't the moon that we are looking for.
Whatever the outcome might be, it wouldn't still be the moon everyone is looking for, it is a different moon for different Holder and different trader. The earliest birds must have arrived at their purposeful moon. If bitcoin should hit the $280 mark, it will definitely be a great feet for everyone who must have had a connection with the gem. 
Topic: Bitcoin price would hit $288,000 this year, according to this metric - page 3. (Read 458 times)
March 19, 2021, 04:50:23 AM
March 19, 2021, 04:47:22 AM
It's impossible. Do not hope for such a thing.
No one in their right mind will hold onto the the hope that it will go up at that price but how do you know that it is impossible for bitcoin to hit that prices by the end of the year, I mean there have been a lot of things that happened in this past 3 months which shouldn't have happened because we believe that it will follow the same pattern as the last halving but it was debunked when a continuous ATH spike happened so maybe, it is too early to say it is impossible. March 19, 2021, 04:40:31 AM
It's impossible. Do not hope for such a thing.
March 19, 2021, 03:52:14 AM
From 2017 till today I have been hearing a lot of price prediction and frankly speaking non of them were correct. If it was that easy to predict Bitcoin price most of us here would have been Bitcoin millionaire. We all know it will reach to the moon and we can see everyday what is happening therefore there is no need to create a FOMO around the price.
We do know that it will reach the moon but what is the moon for bitcoin because clearly the current prices isn't the moon that we are looking for. I think that there is some truth with this pattern and I think that we can hold on to this prediction because the numbers presented are not overhyped or even that conservative, I think that the number that they are predicting can be a possibility considering there are still 9 months left to fulfill this prediction or to debunk it, we will know it when we get there. 
March 19, 2021, 03:39:40 AM
Let's assume that will happen in April or May, making us prepare our bitcoin or buy more bitcoin before the price starts another rally. That price will be the highest price that the bitcoin price can reach, and I think it can raise more than that price. But the important is bitcoin price needs to hit $100k for the next highest target price, but unfortunately, we do not know if that can happen before this month-end. If the price is not back to $60k by the end of this month, we need to be patient and not feel tired of waiting because the price will soon hit the next highest price.
March 19, 2021, 02:46:40 AM
From 2017 till today I have been hearing a lot of price prediction and frankly speaking non of them were correct. If it was that easy to predict Bitcoin price most of us here would have been Bitcoin millionaire. We all know it will reach to the moon and we can see everyday what is happening therefore there is no need to create a FOMO around the price.
March 18, 2021, 09:45:15 PM
For the tweeter PlanB (@100trillionUSD), who created the aforementioned metric, bitcoin would be around $288,000 by the end of this year if the behavior it has had in previous cycles is maintained. According to his model, that figure would be the average price in this 4-year cycle, which barely exceeds 3 months today.
The all time high in 2017 is less than $20,000 and consider it is at $20,000 and if the bitcoin bull run ends with a x20 multiplier as it was in 2017 from the previous all time high, bitcoin will ends with $20,000 x 20 = $400,000 that is higher than $288,000.It is math and based on history and hope that we don't know it will be repeated or rejected. I open to price below $400,000 or higher than $400,000 but I would the average from them that is $344,000. I will take profit when bitcoin tries to hit $100,000 and will wait for market actions after that.
March 18, 2021, 06:02:26 PM
In the middle of the bull market, the big question of the moment is what price bitcoin (BTC) will reach in the coming months. And for the creator of the Stock-to-Flow or Reserves vs. Flow prediction model, by December we could be seeing the main cryptocurrency around $288,000.
It is a really big prediction to be honest. I actually don't have an expectation more than 100k dollars for this year but it a very nice analysis we are talking about. Of course, Bitcoin price doesn't fit every analysis but who knows maybe this one could turn out to be right.
March 18, 2021, 05:57:34 PM
While most of us are only aiming to get into $100k and we're already happy with that. But that's greater if bitcoin will beat the $100k prediction and will follow the flow of the chart of the s2f model.
PlanB's model and what others are saying, we could be looking like $100k
as early as the end of April and well over $200k for the end of the year.
Less than 2 weeks before this month ends and we're going to see if we will see $100k early on April. But I'm assuming that it would be from the 3rd-4th quarter. Who knows? these predictions are exciting to see it happen since we're in the bull run and no signs yet that it's about to stop. as early as the end of April and well over $200k for the end of the year.
March 18, 2021, 05:53:08 PM
Yes, I was just chatting today about this with a friend and according to
PlanB's model and what others are saying, we could be looking like $100k
as early as the end of April and well over $200k for the end of the year.
The numbers on the chart to some people are staggering. Even todays
value ~ $60k was really inconceivable this time last year, so for me $200k+
is not such a surprise.
PlanB's model and what others are saying, we could be looking like $100k
as early as the end of April and well over $200k for the end of the year.
The numbers on the chart to some people are staggering. Even todays
value ~ $60k was really inconceivable this time last year, so for me $200k+
is not such a surprise.
March 18, 2021, 05:21:27 PM
The Stock-to-flow model is one of the best models so far.
When has it been found though? I mean, models based on historical data are all accurate and cool but how "battle-proven" are they really?There are so many metrics it's almost impossible for at least one of them not to be accurate enough to be considered "a good prediction". This is why I almost never take all those advices for granted. There are too many different ones, and someone will almost certainly get it right.
March 18, 2021, 05:09:13 PM
The Stock-to-flow model is one of the best models so far. It is proven for the previous price action of Bitcoin especially on every bitcoin block halving, where we can see the price of Bitcoin increase every after of the block halving.
The $288,000 is very possible for the end of 2021, but it is the early part for expecting it to happen, and on that level, we could stay within that range for more years, like up until 2025 sideways.
March 18, 2021, 04:38:51 PM
In the middle of the bull market, the big question of the moment is what price bitcoin (BTC) will reach in the coming months. And for the creator of the Stock-to-Flow or Reserves vs. Flow prediction model, by December we could be seeing the main cryptocurrency around $288,000.
For the tweeter PlanB (@100trillionUSD), who created the aforementioned metric, bitcoin would be around $288,000 by the end of this year if the behavior it has had in previous cycles is maintained. According to his model, that figure would be the average price in this 4-year cycle, which barely exceeds 3 months today.
For the tweeter PlanB (@100trillionUSD), who created the aforementioned metric, bitcoin would be around $288,000 by the end of this year if the behavior it has had in previous cycles is maintained. According to his model, that figure would be the average price in this 4-year cycle, which barely exceeds 3 months today.
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