Bitcoin Latest Price Targets (2020)

In this video, I discuss my latest price targets for Bitcoin, using Plan B's "stock to flow" and S&P 500 correlation models. Using these, we can determine that Bitcoin's fair value is currently somewhere between $21,000 and $51,782.

If Plan B's models continue to work, there is a very good chance that institutional investors begin to front run the models. This could take us to Bitcoin prices of $200,000 to $500,000 much more quickly than most people believe to be possible.

I am quite convinced that Bitcoin will be trading at new all-time highs (above $20,000) by the end of 2020.

Not investment advice! Consult a financial advisor.

Plan B's stock to flow model:
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

Stock to flow model chart of Bitcoin:
https://www.lookintobitcoin.com/charts/stock-to-flow-model/

S&P 500 current price:
https://finance.yahoo.com/quote/%5EGSPC?p=^GSPC&.tsrc=fin-srch

Plan B's tweet on Bitcoin and S&P 500 correlation:
https://twitter.com/100trillionusd/status/1273202818476892160?lang=en

Dan Morehead on CashApp and Bitcoin:
https://twitter.com/dan_pantera/status/1323345484833050635

PayPal seeing very high crypto demand:
https://nairametrics.com/2020/11/05/paypal-crypto-service-on-high-demand/

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#Bitcoin
#BitcoinAnalysis


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