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.
My conclusion you are still a newcomer inc cryptocurrency, because if you had been in for a long time and knew the happens of 2017 you would not say things like this
Old member optimistic that BItcoin will over 100K this year or maybe 200K