I don't know if this prediction found on Cointelegraph has a bullish end, that is, it wants to move the market as a positive fundamental for the price of BITCOIN.
But what is true is that large corporations have acquired large amounts of BTC as a long-term safe haven asset.
We all know that when a large company makes investments, it is because they have carried out a very detailed study on the future value of this coin.
Jeroen Blokland, is the Robeco portfolio manager, this character performs an analysis based on the M2 indicator of the speed of money in the US, this is one of the indicators used to measure the amount of money that circulates in the United States. He expresses that the M2 reached all-time lows and therefore there is too much money to spend.
This is because there is a huge money printing by the Federal Reserve, which in parallel has occurred in the nations that make up the G4, they have increased their balance sheets in their respective central banks. This has occurred in parallel to the increase in assets that have been used as a refuge: BTC, Gold and Silver.
The quantum analyst behind Bitcoin's stock-to-flow price forecast (S2FX), PlanB, says that this collapse will help Bitcoin reach the value of the most recent predictions, $ 288,000 by 2024.
This $ 288,000 price is part of phase 5 of the stock-to-flow cross-asset model (S2FX). PlanB explains that this value is the center of accumulation of the next phase, the same as what happened with the value of $ 6,700, this was the center of accumulation of the last phase, that is, the current one.
This analyst expresses that he does not really know when this phase 5 begins and when it ends, but looking at the accumulations of the past, it can begin approximately 6 months after the Halving of 2020 until 6 months after the Halving of 2024.
With this I add another excellent news to where the price of Bitcoin is going. Is it true that I do? Is it a lie? This is only known by the market and its intention in the future, but as time passes, Bitcoin has respected the predictions of great analysts, based on their experience and knowledge of the market.
But what is true is that large corporations have acquired large amounts of BTC as a long-term safe haven asset.
We all know that when a large company makes investments, it is because they have carried out a very detailed study on the future value of this coin.
Jeroen Blokland, is the Robeco portfolio manager, this character performs an analysis based on the M2 indicator of the speed of money in the US, this is one of the indicators used to measure the amount of money that circulates in the United States. He expresses that the M2 reached all-time lows and therefore there is too much money to spend.
This is because there is a huge money printing by the Federal Reserve, which in parallel has occurred in the nations that make up the G4, they have increased their balance sheets in their respective central banks. This has occurred in parallel to the increase in assets that have been used as a refuge: BTC, Gold and Silver.
The quantum analyst behind Bitcoin's stock-to-flow price forecast (S2FX), PlanB, says that this collapse will help Bitcoin reach the value of the most recent predictions, $ 288,000 by 2024.
This $ 288,000 price is part of phase 5 of the stock-to-flow cross-asset model (S2FX). PlanB explains that this value is the center of accumulation of the next phase, the same as what happened with the value of $ 6,700, this was the center of accumulation of the last phase, that is, the current one.
This analyst expresses that he does not really know when this phase 5 begins and when it ends, but looking at the accumulations of the past, it can begin approximately 6 months after the Halving of 2020 until 6 months after the Halving of 2024.
With this I add another excellent news to where the price of Bitcoin is going. Is it true that I do? Is it a lie? This is only known by the market and its intention in the future, but as time passes, Bitcoin has respected the predictions of great analysts, based on their experience and knowledge of the market.