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Citibank $318K Bitcoin Prediction Reminiscent of Previous Moon Target Blunders

A new Citibank report has made the case for a $318,000 Bitcoin price by the end of 2021. However, in 2013, its author also claimed gold was heading to $3,500 in “a couple of years.” Tom Fitzpatrick, a managing director at Citibank, based his $318,000 Bitcoin projection on an analysis of previous market tops and […] The post Citibank $318K Bitcoin Prediction Reminiscent of Previous Moon Target Blunders appeared first on BeInCrypto. дальше »

2020-11-16 14:52


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Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021

Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »

2020-7-2 09:50