PlanB’s quantitative analyst is To update Bitcoin price target for Q1 2022 and reveals when BTC will super increase all other assets.

BTC price 4-hour chart | Source: Tradingview

In an interview with Bitcoin bull Anthony Pompliano, the analyst said that based on its various models, Bitcoin is likely to rise by as much as 700% early next year.

“If we look at the on-chain signals now, I would expect the peak to be reached in at least a few months, say 6 months. So it’s the end of Q1. Then the third type of model I use is of course the minimum price model. $ 135,000 – not inventory based … This is my proprietary model based on other things – engineering and on-chain.

I estimate BTC will top $ 100,000, $ 135,000 by the end of the year and then continue to grow towards the Stock-to-Flow Model X (S2FX) target of $ 288,000 or even higher. I wouldn’t be surprised even if I see $ 300,000, $ 400,000, or $ 500,000 in Q1 and Q2 next year. “

The conventional stock-to-flow (S2F) model is used to track the performance of commodities such as precious metals by comparing the price of an asset to its available supply. PlanB’s stock-to-flow cross-asset model (S2FX). Consider Bitcoin’s phase transition from proof of concept to a financial asset to give BTC a valuation.

In the long term, PlanB predicts a hyperbolic increase in Bitcoin.

“The current money belongs to the elderly. Real estate and gold, the physical world, not the digital world. Digital scarcity is of the next generation so I think it will, but I also see in my own model that there is a linear relationship between scarcity and value … In my opinion, scarcity is the most important factor driving this Relationship drives and attracts people to invest more money in real estate now.

That will change again and the divisibility, fungibility, mobility and scarcity of Bitcoin will also be better than real estate … So FOMO (fear of missing out), bullish scenario hyperbole now or next year or next year after …

Let’s say 2024-2028 is the time to achieve this, or maybe a little longer, somewhere between 2024 and 2032. Well, I think we both agree: there will be this hyperbolic scenario. Bitcoin is by far the best asset in terms of physics, kinematics and math when compared to any other asset. “

Bitcoin $ 1 million is inevitable

Also the renowned economist and analyst Alex Krüger suspect Bitcoin price in the coming weeks and months.

In a new interview with YouTuber and strategist Scott Melker, Krüger emphasized that Bitcoin will eventually reach a price of $ 1 million. However, the timeframe for this goal is not clearly defined.

“Bitcoin $ 1 million? I think it will happen, very sure. I do not know when. I think I’m on my way there. “

The analyst also announced his year-end price target for the largest cryptocurrency by market capitalization.

“$ 100,000 at the end of the year is possible. I consider such a prediction to be illusory under normal circumstances. But that’s not the usual case.

We just had a number of approved Bitcoin Exchange Traded Funds (ETFs) and that changed everything in my opinion. So my base scenario is $ 75,000- $ 85,000. Can BTC hit $ 100,000 by the end of the year? Definitely possible. “

Kruger also said Bitcoin could become a bigger asset class than gold in a decade.

“Bitcoin becomes property. It could be bigger than gold in 10 years. I think Bitcoin’s role really competes with gold. It is the gold of the younger generations. “

The economist added that cryptocurrencies will outperform other assets for the foreseeable future.

“Actually, I still think that in the long term, crypto will be the asset class with the best performance over all time periods.”

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Minh Anh

According to AZCoin News

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