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Author Topic: Will Bitcoin hit $100,000 before the end of the year?  (Read 239 times)
beerlover
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September 03, 2021, 06:39:33 PM
 #41

If you have an idea about the stock-to-flow (s2f) model, it is predicted that we will reach $100,000 by this year.
So, I am excited about that. If ever we will not reach the $100,000, I think the stock-to-flow(s2f) will slowly become less popular. But in my own opinion, even if we don't reach $100,000, as long as we stay above $50,000, it's already good for me.
I believe that stock-to-flow model does not provide the truth at all times, there are times it hits it right on the nail and there are times the price goes literally on the opposite side. The reason for that is the fact that news and people could change it a lot, like you hear china banning something and it goes down when s2f was looking good, or Elon Musk's tweets something and it goes up when s2f looks horrible. So, s2f doesn't mean anything in the crypto world for long term investment.

However this time around I think it could actually turn out to be true, because by the looks of it there is no obstacles in front of us and we could actually end up at 100k+ price by the end of the year unless something major changes and shocks us.

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