Bitcoin Melts Up (Are You Ready?)

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In this video, I discuss calendar effects and price targets for Bitcoin in Q4 2021.

I examine different price targets and price floors from Plan B's model, then go on to discuss my 2021 price target of $200,000 for Bitcoin.

I conclude the video by discussing the flawed nature of DeFi protocols (like Compound) built on Ethereum. Not only are they fragile and buggy, but they possess founders who threaten to dox you, thus letting the fake decentralization veil slip for a fleeting second.

Not investment advice! Consult a financial advisor.

Bitcoin melts up as October 1 arrives:
https://www.bloomberg.com/news/articles/2021-10-01/bitcoin-jumps-amid-renewed-optimism-about-regulatory-pressure

Powell has no intention of banning Bitcoin:
https://www.coindesk.com/policy/2021/09/30/fed-chair-powell-says-he-has-no-intention-of-banning-crypto/

El Salvador starts mining Bitcoin using volcanoes:
https://www.cnbc.com/2021/10/01/el-salvador-just-started-mining-bitcoin-with-volcanoes-for-the-first-time-ever-and-theyve-already-made-269.html

https://twitter.com/nayibbukele/status/1443832539496525852

Plan B's floor model:
https://twitter.com/100trillionUSD/status/1442772744450592771

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

S2F model price:
https://twitter.com/s2fmultiple/status/1443799163632857100

Plan B's stock-to-flow cross-asset model:
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12

Compound:
https://defipulse.com/compound

Compound founder:
https://www.linkedin.com/in/rleshner

Compound founder threatens users:
https://twitter.com/rleshner/status/1443730726751506432

Bitcoin 2021 price target:
https://www.youtube.com/watch?v=8EZJNaBzFoc&ab_channel=TraderUniversity

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
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