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25 September 2020

‘Time to go up’ — Bitcoin price due for a push to $100,000, says PlanB

‘Time to go up’ — Bitcoin price due for a push to $100,000, says PlanB


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Referring to the original incarnation of his stock-to-flow (S2F) model, PlanB said that the time was right to begin an order of magnitude step up.

When asked where the source of funds will come from in order to propel BTC/USD towards $100,000, PlanB highlighted a blog post about S2F and confirmed that his hypothesis remained valid.

As Cointelegraph reported, hopes are high that gold will react positively to Wednesday’s policy update from the U.S.

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cointelegraph.com
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