Episode 1374
1374: "$500,000 Bitcoin Now on Table by THIS Date"
Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia
August 17, 202318m 45s
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Show Notes
Popular crypto analyst Plan B uses his stock-to-flow (S2F) model along with the relative strength index (RSI), which suggest the Bitcoin price will blow past six figures in about a year.
The model indicates that Bitcoin could hit $60,000 heading into the expected April 2024 halving event, when BTC miners' rewards are cut in half, followed by a massive move to between $300,000 and $500,000 per coin.
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