ANSTOCK-TO-FLOW MODEL FORECASTS $500K PER BITCOIN
Optimistic Outlook: Cryptocurrency analyst Plan B is positive about Bitcoin’s future after recent market events.
Stock-to-Flow Model: His model forecasts Bitcoin’s price could average $500,000.
Price Range: The expected price range for Bitcoin is between $250,000 and $1 million.
Model Update: This prediction is from the original 2019 model, updated with five years of data but with no change in parameters.
Potential High: Plan B believes Bitcoin’s price could eventually reach up to $4 million.