Quote from: italianMiner72 on January 15, 2020, 02:41:52 PM

i think 130K usd still too much...
but according to the stock to flow analysis, maybe we can approach 100000usd
for the previous bitcoin halving seem it worked great...
but all of us know, the history, is not sure, it will repeat itself!

take a look at the chart below.

While I have 130K as my fair priced target (stock to flow has 110k) the important piece to consider is that markets tend to overshoot themselves both to the upside and downside.

Take a look at the chart you provided and prior to the 1st halving and during the 1st halving price reached beyond the upper bound of the stock 2 flow chart.

During the 2nd cycle reached the upper bound.

If during the coming 3rd halving cycle prices again reached or exceeds the upper bound that places price close to $350,000.

Now again markets tend to overshoot to the upside and downside.

An -85% correction from the peak if it were 350k places Bitcoin back down to $52,500 in the bear before recovering toward fair price of S2F $110,000 before the 4th halving cycle.