Bitcoin $200,000 Price Target (My Epic Fail)
A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08...
In this video, I discuss my failed Bitcoin price target of $200,000 for December 31, 2021-- as well as how I backed into the price target and target date.
Plan B's two stock-to-flow models suggest an average price for Bitcoin of $100,000 and $288,000 respectively over the 2020-2024 period. The models have not yet failed, but we will almost certainly need to see much higher prices in 2022, if these models are not going to break.
There is a good chance that this cycle is weaker and more elongated than previous halving cycles. That being said, I continue to believe that this bull market cycle will not end before we see a parabolic melt-up final move, up to the stock-to-flow model second standard deviation band.
Bitcoin's price needs to continue to appreciate in order for Bitcoin to maintain its hash rate and network security.
Lastly, Bitcoin is our only hope during this dark period of transition. If you are playing with dog coins, you are squandering this small window of opportunity that we have.
Not investment advice! Consult a financial advisor.
From Tesla Bear to Tesla Bull:
• From Tesla Bear to Tesla Bull
Modeling Bitcoin Value With Scarcity:
/ modeling-bitcoins-value-with-scarcity
Bitcoin S2F Cross Asset Model:
/ bitcoin-stock-to-flow-cross-asset-model
Plan B tweet on S2F:
/ 1457725830805827593
Solana Billionaire VC's Are Laughing At You:
• Solana Billionaire VC's Are Laughing At You
Stock to flow charts:
https://s2f.hamal.nl/s2fcharts.html
Is the cycle flattening and elongating:
/ 1
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