Re: Bitcoin price would hit $288,000 this year, according to this metric
In the middle of the bull market, the big question of the moment is what price bitcoin (BTC) will reach in the coming months. And for the creator of the Stock-to-Flow or Reserves vs. Flow prediction model, by December we could be seeing the main cryptocurrency around $288,000.
It is a really big prediction to be honest. I actually don't have an expectation more than 100k dollars for this year but it a very nice analysis we are talking about. Of course, Bitcoin price doesn't fit every analysis but who knows maybe this one could turn out to be right.
