Tắt Quảng Cáo [X] Đăng Nhập để ẩn Tất Cả Quảng Cáo Bitcoin has entered a "long-term bull market"? The price of Bitcoin rose to an unprecedented high of US$67,000 last week, and then pulled back to near US$60,000 But PlanB, a well-known cryptocurrency analyst, believes that this means that Bitcoin is expected to reach the $100,000 mark by the end of this year. PlanB is famous for establishing a cryptocurrency forecasting model "Stock-to-Flow Ratio" (S2F). In short, the model uses asset inventory (supply) divided by flow (annual output) to quantify the scarcity of assets, thereby determining the technical indicators of asset price trends According to foreign media reports, based on past experience, the S2F model is very accurate in predicting the short or long trend of Bitcoin prices. PlanB apparently considered the previous retreat of the Bitcoin price to $60,000, which is the beginning of a long-term bull market He posted a Bitcoin price chart on Twitter this week and said: bitcoin bull market, 2nd leg has started Having "legs" means that prices have been supported. The analyst who has concealed his real name pointed out that using the S2F model to predict, Bitcoin will continue to rise and climb to the range of 100,000 to 135,000 US dollars by the end of this year Moreover, affected by the "Bitcoin Halving" effect, the S2F model shows that the price of Bitcoin will rise to at least $288,000. "Bitcoin halving" means that Bitcoin output is halved every four years. The number of bitcoins that can be mined from the blockchain network is not unlimited. According to the initial production mechanism, the total number of bitcoins is 21 million, and the output will be reduced by half every four years. In 2012, 2016 and 2020, Bitcoin has experienced three "halvings". With every 50% drop in supply, the price of Bitcoin will rise significantly. For example, after the first two "halvings", the price of Bitcoin has risen by more than 10,000% and 2,960% respectively. After the third "halving" in 2020, the price of Bitcoin has risen from US$8,787 to US$66,999, an increase of 667.5%. Up to now, the accuracy of the S2F model in predicting the price trend of Bitcoin has made long investors full of expectations that the "halving" effect will incentivize Bitcoin to stand at $100,000.
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