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Bitcoin.com 2024-11-10 09:30:02

Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin

In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to

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