Analyst PlanB, who was the first to apply the S2F model to BTC, said that the top cryptocurrency will increase five times from its current level. PlanB analyst: BTC will become five times more expensive PlanB believes that the price of BTC will exceed the $100,000 level predicted by his original S2F model. After that, the price will rise to $288,000, which is the target price in his modified forecast. December closing: $28,992. January closing: $33141. February closing: $45240. March 17 price: USD 55000 - he calculates in a tweet. As he suggested, it is too early for the BTC bubble to burst. This one has only lasted 3.5 months. In my opinion, BTC will not stop at $100,000 - he added. ATH during this cycle is expected to eventually reach $288,000. The S2F model compares the amount of a given asset in circulation divided by the amount produced each year. It is traditionally used to analyze the real value of precious metals such as gold and silver. PlanB released its latest S2F model in April 2020. In it, he predicted that Bitcoin would reach a market capitalization of $5.5 trillion and a price of $288,000 between 2020 and 2024 (when the next halving occurs). At that time, BTC cost less than $9,000. Is it worth investing in BTC today? An anonymous analyst, who claims to be a Dutchman in his 40s and a member of an institutional investment team managing about $100 billion in assets, believes that anyone considering adding Bitcoin to their portfolio should pay attention to the risk/reward ratio: The key issue is not the high risk or volatility of Bitcoin, but that the return is higher than the risk, [there is] asymmetry. Even if you only invest 5% of your portfolio (and therefore can lose a maximum of 5%), the average return on your portfolio is + 20%. BTC is the only asset I know of with this much asymmetry. You can always check the current exchange rate of bitcoin and other cryptocurrencies in the tabs: bitcoin exchange rate and cryptocurrency exchange rate at bitcoin.pl. Places where you can buy BTC and other coins include BitBay.net cryptocurrency exchange. If you don't have an account on BitBay yet, this article will show you how you can create one efficiently: LINK. Tags bitc price bitcoin price btc price bitcoin exchange rate btc exchange rate
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