Bitcoin price would hit $288,000 this year, according to this metric

[dolcemariposa1]

In the middle of the bull market, the big question of the moment is what price bitcoin (BTC) will reach in the coming months. And for the creator of the Stock-to-Flow or Reserves vs. Flow prediction model, by December we could be seeing the main cryptocurrency around $288,000.

For the tweeter PlanB (@100trillionUSD), who created the aforementioned metric, bitcoin would be around $288,000 by the end of this year if the behavior it has had in previous cycles is maintained. According to his model, that figure would be the average price in this 4-year cycle, which barely exceeds 3 months today.

[GreatArkansas]

The Stock-to-flow model is one of the best models so far. It is proven for the previous price action of Bitcoin especially on every bitcoin block halving, where we can see the price of Bitcoin increase every after of the block halving.
The $288,000 is very possible for the end of 2021, but it is the early part for expecting it to happen, and on that level, we could stay within that range for more years, like up until 2025 sideways.

[20kevin20]

The Stock-to-flow model is one of the best models so far.

When has it been found though? I mean, models based on historical data are all accurate and cool but how "battle-proven" are they really?

There are so many metrics it's almost impossible for at least one of them not to be accurate enough to be considered "a good prediction". This is why I almost never take all those advices for granted. There are too many different ones, and someone will almost certainly get it right.

[aoluain]

Yes, I was just chatting today about this with a friend and according to
PlanB's model and what others are saying, we could be looking like $100k
as early as the end of April and well over $200k for the end of the year.

The numbers on the chart to some people are staggering. Even todays
value ~ $60k was really inconceivable this time last year, so for me $200k+
is not such a surprise.

[blockman]

While most of us are only aiming to get into $100k and we're already happy with that. But that's greater if bitcoin will beat the $100k prediction and will follow the flow of the chart of the s2f model.

PlanB's model and what others are saying, we could be looking like $100k
as early as the end of April and well over $200k for the end of the year.

Less than 2 weeks before this month ends and we're going to see if we will see $100k early on April. But I'm assuming that it would be from the 3rd-4th quarter. Who knows? these predictions are exciting to see it happen since we're in the bull run and no signs yet that it's about to stop.

[Bilgent]

In the middle of the bull market, the big question of the moment is what price bitcoin (BTC) will reach in the coming months. And for the creator of the Stock-to-Flow or Reserves vs. Flow prediction model, by December we could be seeing the main cryptocurrency around $288,000.

It is a really big prediction to be honest. I actually don't have an expectation more than 100k dollars for this year but it a very nice analysis we are talking about. Of course, Bitcoin price doesn't fit every analysis but who knows maybe this one could turn out to be right. 

[tbct_mt2]

For the tweeter PlanB (@100trillionUSD), who created the aforementioned metric, bitcoin would be around $288,000 by the end of this year if the behavior it has had in previous cycles is maintained. According to his model, that figure would be the average price in this 4-year cycle, which barely exceeds 3 months today.

The all time high in 2017 is less than $20,000 and consider it is at $20,000 and if the bitcoin bull run ends with a x20 multiplier as it was in 2017 from the previous all time high, bitcoin will ends with $20,000 x 20 = $400,000 that is higher than $288,000.

It is math and based on history and hope that we don't know it will be repeated or rejected. I open to price below $400,000 or higher than $400,000 but I would the average from them that is $344,000. I will take profit when bitcoin tries to hit $100,000 and will wait for market actions after that.

[pakhitheboss]

From 2017 till today I have been hearing a lot of price prediction and frankly speaking non of them were correct. If it was that easy to predict Bitcoin price most of us here would have been Bitcoin millionaire. We all know it will reach to the moon and we can see everyday what is happening therefore there is no need to create a FOMO around the price.

[maydna]

Let's assume that will happen in April or May, making us prepare our bitcoin or buy more bitcoin before the price starts another rally. That price will be the highest price that the bitcoin price can reach, and I think it can raise more than that price. But the important is bitcoin price needs to hit $100k for the next highest target price, but unfortunately, we do not know if that can happen before this month-end. If the price is not back to $60k by the end of this month, we need to be patient and not feel tired of waiting because the price will soon hit the next highest price.

[Kong Hey Pakboy]

From 2017 till today I have been hearing a lot of price prediction and frankly speaking non of them were correct. If it was that easy to predict Bitcoin price most of us here would have been Bitcoin millionaire. We all know it will reach to the moon and we can see everyday what is happening therefore there is no need to create a FOMO around the price.

We do know that it will reach the moon but what is the moon for bitcoin because clearly the current prices isn't the moon that we are looking for. I think that there is some truth with this pattern and I think that we can hold on to this prediction because the numbers presented are not overhyped or even that conservative, I think that the number that they are predicting can be a possibility considering there are still 9 months left to fulfill this prediction or to debunk it, we will know it when we get there.

[lifeforcepools]

It's impossible. Do not hope for such a thing.

[Kittygalore]

It's impossible. Do not hope for such a thing.

No one in their right mind will hold onto the the hope that it will go up at that price but how do you know that it is impossible for bitcoin to hit that prices by the end of the year, I mean there have been a lot of things that happened in this past 3 months which shouldn't have happened because we believe that it will follow the same pattern as the last halving but it was debunked when a continuous ATH spike happened so maybe, it is too early to say it is impossible.

[Josefjix]

but what is the moon for bitcoin because clearly the current prices isn't the moon that we are looking for.

Whatever the outcome might be, it wouldn't still be the moon everyone is looking for, it is a different moon for different Holder and different trader.  The earliest birds must have arrived at their purposeful moon. If bitcoin should hit the $280 mark, it will definitely be a great feet for everyone who must have had a connection with the gem.

[Timelord2067]

You should always factor in a shock drop at anytime for any reason, wars, pandemics, the wrong click of a mouse... The list of reasons are as numerious as the ones for why the price might go up.

If the price rise was guaranteed to never go down, then the price of bitcoin would be worth the same as Dilithium Crystals.

(Brace for impact)

[cryptomaniac_xxx]

Yeah, it has been discussed here by @fillippone, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.

There is also a scenario that $100k - if it followed 2017 pattern, and then this $288,000 if it followed 2013's bull run.

[TastyChillySauce00]

From 2017 till today I have been hearing a lot of price prediction and frankly speaking non of them were correct. If it was that easy to predict Bitcoin price most of us here would have been Bitcoin millionaire. We all know it will reach to the moon and we can see everyday what is happening therefore there is no need to create a FOMO around the price.

It's called prediction and this prediction basically is just speculation but based on some past bitcoin chart or some technical analysis, I see nothing wrong with this and even if they're wrong then so be it, otherwise if predictions always turns out to be true it's called fortune telling and people not gonna share it freely like it is right now.

[Luqman]

this prediction basically is just speculation but based on some past bitcoin chart or some technical analysis, I see nothing wrong with this

Correct. The prediction doesn't guarantee anything, it can be true or wrong. However, it is not guessing in a random way, it has a certain method/approach. Regarding Bitcoin possibly reach $288K, it is purely a prediction. Nothing wrong if it cannot be achieved at the end of this year. That's why even an expert stated the prediction, we shouldn't thoroughly trust him.

[bitgolden]

this prediction basically is just speculation but based on some past bitcoin chart or some technical analysis, I see nothing wrong with this

Correct. The prediction doesn't guarantee anything, it can be true or wrong. However, it is not guessing in a random way, it has a certain method/approach. Regarding Bitcoin possibly reach $288K, it is purely a prediction. Nothing wrong if it cannot be achieved at the end of this year. That's why even an expert stated the prediction, we shouldn't thoroughly trust him.

This is why it is called "prediction" and not information, like for example tomorrow will be 20th is information, it is still about the future, you do not have to be a wizard to say some guaranteed information about the future, like I will die, that is about the future and I am not a wizard and yet it is guaranteed thing about the future.

But when you say something, like 288k will be this year, 80k will be this year, whatever you say, it is not going to be that guaranteed for sure, it is prediction and that is why we use that word. I have my own prediction for example, I am expecting at least 100k this year, could be more could be less, I can't know what will happen but I "predict" that it will be over 100k. There is nothing wrong with predicting something, keep doing that and you will eventually get it right and make some money from it at same time.

[dunfida]

Yeah, it has been discussed here by @fillippone, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.

There is also a scenario that $100k - if it followed 2017 pattern, and then this $288,000 if it followed 2013's bull run.

Why would people do always love to look on what happened in the past? Though, it isnt really that prohibited on looking back into the past but i wouldnt really take it up seriously
because reaching 100k alone would already be a challenge or wouldnt really be possible on this years time.We didnt expect for bitcoin to hit up 60k, who would ever thought that
we do past or break that 20k ath that we've been hoping for  on couple of years? You would see lots of sentiments like this and like that but always
take measure if you do follow it or not.

[fillippone]

Why would people do always love to look on what happened in the past?

Well, we are not “looking at the past”, but we are scrutinising what happened trying to infer what could possibly happen in the future.

This is called “modelling” the reality.
Stock to flow has been consistently working since 2010, so I guess it would be a pity not to look in the past, and think it is going to break right now!