[ad_2][ad_1] Bitcoin may find it difficult to chart a V-shaped recovery to recent short-term highs, with on-chain activity showing greater selling pressure in the market. The stock market inflow indicator from blockchain analytics firm CryptoQuant, which measures the average of 144 blocks (about 24 hours) of average bitcoin deposits across …
Read More »S2F creator has “ no doubt ” that Bitcoin will hit $ 100K by December 2021
[ad_2][ad_1] PlanB, the creator of the stock-to-flow (S2F) model, reiterated on November 8 that Bitcoin (BTC) is on track to hit $ 100,000. The pseudonymous analyst predicts that the dominant cryptocurrency will hit the $ 100,000 to $ 288,000 range by December 2021. Bitcoin is expected to rise approximately 545% …
Read More »