New Prediction Model Puts Bitcoin Price At $55,000 After 2020 Halving

bitcoin price prediction moon

The price of bitcoin may reach $55,000 USD sometime in 2020 or 2021, according to a new Bitcoin price prediction model — which factors in the decreasing bitcoin supply as a direct driver of market value.  $1 Trillion Market Cap After 2020 Bitcoin market analyst PlanB shared yet another interesting chart plotting the effect of increasing scarcity due to the Bitcoin halving in May 2020. He hypothesizes that the stock-to-flow ratio directly affects price discovery

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