Onye nyocha kwenyere na Bitcoin na-arụ ọrụ dịka atụmatụ si dị n'ihu atụmatụ ọnụọgụ isii

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The creator of the popular stock-to-flow model, PlanB, has affirmed that Bitcoin (BTC) is going according to plan like “clockwork, “ following its third halving event. PlanB, an anonymous developer, has lauded the S2FX model and believes that BTC will be trading between $100,000 and $288,000 by the end of 2021.

The stock-to-flow model and other existing variations are some of the most used BTC prediction tools within the cryptocurrency community.

The first version of S2FX, known as the original stock-to-flow ratio, outlined the stock of existing reserves and the flow (the annual supply of BTC in the market). The ensuing version provided more complex and comprehensive Bitcoin information. Apart from stock and flow, it also showed the different phases BTC has passed through since its creation in 2009. These phases include proof-of-concept, the payment phase, e-gold, and financial assets.

The Bitcoin halving, which occurs automatically every four years, is arguably the most crucial part of the models because it cuts BTC supply in half, which decreases the flow. That said, PlanB and S2FX supporters monitor Bitcoin’s price performance assiduously after every halving.

The analyst asserted that the benchmark cryptocurrency is moving like clockwork since its third halving in May. already, Bitcoin is showing some similarities with the price dynamics in 2012.

Key BTC ọkwa iji lelee na nso-November - 11

Bitcoin remains on a strong bullish trajectory, despite many projections that bullish steam might be running out. The cryptocurrency has renewed its 2020 high, after hitting $16,000 just a few hours ago. This is a good sign that the bullish momentum is still intact. That said, we could see BTC hit the $16,500 – $17,000 area soon.

However, we could see a mild pullback towards the mid-$15,000 in the coming hours.

Total ahịa isi obodo: $ 453 ijeri

Isi obodo Bitcoin: $ 291 ijeri

Njikwa Bitcoin: 64%

Cheta na: Learn2.Trade abụghị onye ndụmọdụ gbasara ego. Mee nyocha gị tupu itinye ego gị na akụnụba ọ bụla ma ọ bụ ngwaahịa ma ọ bụ ihe omume ewepụtara. Anyị abụghị ọrụ maka nsonaazụ itinye ego gị.