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23.01.2022 PlanB, the creator of the stock-to-flow model, has little doubt Bitcoin price is on track to hit $100,000 by December 2021. PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its way to hit $100,000. The pseudonymous analyst expects the dominant cryptocurrency to achieve the $100,000 to $288,000 range by December 2021. Bitcoin would have to increase by around 545% from the current price to surpass $100,000. At that price po...int, the market capitalization of BTC would near $2 trillion, or roughly the same as Apple, the world’s most valuable company. The S2F model attempts to predict the long-term price trend of Bitcoin by evaluating its supply. Namely, it takes into consideration its fixed supply and the block reward halving, which reduces the rate at which new BTC is produced or mined. The theory behind S2F is that as the supply of Bitcoin decreases over time and inflation would continuously rise. These two factors could theoretically amplify the uptrend of the top cryptocurrency. Based on Bitcoin’s supply curve and the halving cycles, S2F puts the expected valuation of BTC at $5.5 trillion. The model predicts Bitcoin to reach a multi-trillion-dollar valuation before 2024. The model reads: S2FX model estimates a market value of the next BTC phase/cluster (BTC S2F will be 56 in 20202024) of $5.5T. This translates into a BTC price (given 19M BTC in 20202024) of $288K. In a tweet, PlanB said he remains confident the S2F model’s $100,000 price projection for Bitcoin would materialize. 2021 is particularly important for Bitcoin because it follows a highly anticipated block reward halving in May 2020. Recommended broker @eaglefx_com Sign up for our weekly crypto newsletter! Link in bio! Download our free e-book, link in bio! Subscribe to our Telegram, link in bio! #bitcoinchina #smartcontracts #bitcoinmarket #cryptolifestyle #blockchainwallet #bitcoinminning #bitcoininvestment #cryptocurrencyinvestments #bitcoinart #poloniex #cryptocurrency #cryptomarket #cryptomeme #bitcoincash #bitcoinvalue #bitcoinasia #cryptominingfarm #cryptography #in
19.01.2022 With the number of wholecoiner Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. New data suggests that wholecoiners Bitcoin wallets holding 1 BTC or more now account for 95% of the cryptocurrency’s entire capitalization. That leaves just 5% of the market cap divided among tens of millions of users with a balance below 1BTC. The total number of wholecoiner addresses has steadily increased y...ear-over-year since 2009, despite BTC's astronomic price rallies. On Nov. 27, Glassnode CTO Rafael Shultze-Kraft tweeted a chart revealing that more than 800,000 addresses currently hold at least 1 BTC. According to Bit Info Charts, wholecoiner addresses represent around $301 billion worth of BTC. By contrast, the current combined value of less-than-wholecoin addresses is $16 billion. A linear chart reveals few retracements in the history of wholecoiners, with the largest dip coming in early 2016 when the number of addresses holding at least 1 BTC fell by 13.5%, from 520,000 to 450,000. The year 2018 also saw wholecoiner growth stagnate, with the number of addresses oscillating between roughly 720,000 and 690,000 for 12 months from December 2017. According to Into The Block, 32.95 million Bitcoin addresses currently hold some value of BTC, suggesting that wholecoiners represent just 0.47% of balance-bearing Bitcoin wallets. Recommended broker @eaglefx_com Sign up for our weekly crypto newsletter! Link in bio! Download our free e-book, link in bio! Subscribe to our Telegram, link in bio! Presented by @cryptocollabs #cryptonaire #investingexperts #investingeducation #investingcounselor #investingtip #cryptokings #cryptoupdate #cryptotradingpro #btcruiserstruts #btcsport #bitcoinprofit #cryptoinvestments #cryptotroll #btcpravana #cryptoclub #btccolor #cryptopsyofficial #cryptoupdates #cryptosharkk #btcglobal #bitcoinpizza #bitcoinfan #investingterms #btcgym #investingbitcoinguide #cryptoaerofeed #altcoinclub #btcupdo #altcointalks #altcoinprofits
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10.01.2022 While 2020 has been pretty terrible for many people, Bitcoin on the other hand has had a fantastic year. For many, it's a great time to sell and enjoy some profit. You can do this here - https://roundtheblock.com.au
07.01.2022 Guggenheim With $5 Billion Macro Fund Prepares To Invest in Bitcoin. Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC), a privately offered investment vehicle that invests in bitcoin. Given the fund has net assets of $4.97 billion, according to Fidelity, it means mean t...he fund can invest up to $497 million in GBTC. : https://cryptocrunchapp.com//guggenheim-with-5-billion-ma/ : & : . Follow our work 1 News Updates @CryptoCrunchApp 2 Crypto Creatives @CryptoCrunchNews . 3 Altcoins Updates @CryptoCrunchAlts 4 Crypto Memes @CryptoCrunchMemes 5 Crypto Trading @CryptoCrunchTrading Turn on Post Notifications Save posts to check Later Again Join our Telegram channel now, to keep up with the latest news and price action. . Link in bio. # Follow #CryptoCrunchApp Read more: CryptoCrunchApp.com . : / . #bitcoinexchange #bitcoinadoption #cryptocurrency #blocckchains #bitcoinprice #bitcoin #btc #cryptocurrencymining #cryptocurrencymarket --------------------------------------------------------- . .
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