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When $100k Bitcoin? Analyst Clarifies Popular BTC Price Prediction Model

Claudia Rivera

Summary: A popular prediction model for Bitcoin's post halving price has set the ranges from $55k to $400k, but analysts are advising not to believe Bitcoin to reach above $50k during the three weeks after the halving, reports Coinvedi.  With new Bitcoin hitting the market in May, the stock-to-flow model predicts additional scarcity will increase Bitcoin's ...

A popular prediction model for Bitcoin's post halving price has set the ranges from $55k to $400k, but analysts are advising not to believe Bitcoin to reach above $50k during the three weeks after the halving, reports Coinvedi. 

With new Bitcoin hitting the market in May, the stock-to-flow model predicts additional scarcity will increase Bitcoin's price. In a tweet, Plan B, author of the theory and predictor that the token will reach market capitalization at more than $1 trillion, sits very optimistic with many others for Bitcoin's halving cycle.

By Claudia Rivera

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