PlanB analyst's bitcoin predictions for the next four years: here's what to watch out for
After Trump's election victory, he noted that #bitcoin reacted to the rise to $76k: "If history doesn't lie, if the stock movement model doesn't lie, we're going to see a sharp rise in price from this point on, the red #dot continues ...
He noted that, based on the "stock flow model, the average bitcoin price in this half-cycle is likely to be around $BTC In short, the stock flow model "and I think the average bitcoin price over the last four years and the next four years will be in the range of 250000 to 1 million, the analyst boldly states.
But why prices, which have already reached $ 76,000, will skyrocket further?
Trump's victory, Saylor's plans and the influx of funds into ETFs:
the analyst pointed to several factors. He emphasized Trump's victory and the fact that, unlike previous Democratic President Biden, he is very positive about bitcoin. He also noted that Trump has promised to create a bitcoin reserve. He intends to purchase 1 million bitcoins over the next five years, which equates to 200,000 bitcoins per year. He noted that the buying pressure from this action alone will be enormous.
In addition, Michael Saylor of #MicroStrategy recently announced a $42 billion bitcoin purchase program over the next three years, which is also equivalent to 200,000 bitcoins per year and could provide a significant bullish boost.
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