The model’s fundamental idea is based on the belief that scarcity is a key factor in determining Bitcoin’s price, and it quantifies this scarcity through the Stock-to-flow ratio. 
Bitcoin (BTC) starts a new week with its price hovering around $29,392, experiencing one of its narrowest-ever ranges for the monthly close. 
Despite Bitcoin (BTC) currently experiencing a period of sideways trading, the majority of the crypto industry remains optimistic about its potential for substantial price growth in the future. Many view the upcoming halving event in 2024 as a potential catalyst that could boost the value of the pioneering cryptocurrency.
Crypto trading analyst PlanB recently discussed various pricing models in a YouTube video on July 28, which suggests the possibility of Bitcoin reaching the $1 million mark. He emphasized historical price surges following previous halving events, particularly focusing on the Stock-to-Flow (S2F) model.
PlanB provided further details about the impo

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/bitcoin-explosive-potential-price-model-suggests-btc-could-reach-1-million-after-2024-halving/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-explosive-potential-price-model-suggests-btc-could-reach-1-million-after-2024-halving