The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction apparatuses in the Bitcoin space. It forecasts the long-term price trend of Bitcoin by weighing two main factors: the amount of BTC in existence (the stock) versus the amount of newly mined coins entering the market (the flow).
Thus far, the model has been eerily accurate. Bitcoin closed February 26% above the model’s projected price and remains on pace to hit the model’s end-of-year target of $288K. With Bitcoin currently trading at around $56K, it would need to increase over 400% between now and December.
Anthony Pompliano of Morgan Creek Digital and Dan Morehead of Pantera Capital haven’t set their sights on $200K for 2021, but that doesn’t mean they are bearish. They both believe Bitcoin will close the year above $100K, which would be double the current price.
In a recent interview with Cointelegraph, Pomp noted: If all of a sudden only about 8 million Bitcoin are available and all this demand is showing up, you are going to have a pretty aggressive price increase.
Wherever there are bulls, there are also bears. Peter Schiff is one of the most outspoken Bitcoin critics in the crypto space. He believes Bitcoin is a pumped-up bubble that will eventually lead most investors to financial ruin. According to him, it’s only a matter of time before it all comes crashing down to zero.
In an interview, Schiff said: It doesn’t matter that the price has gone up. [...] Eventually, the supply of fools will run out and the biggest fool ends up being the bag holder.
Who would have thought the day would come when $100K, or even $200K, Bitcoin price predictions are considered moderate? Well, today may finally be that day. Unconfirmed reports say Citibank have set their sights set on even higher price targets for 2021.
And that's just in the short term. As Bitcoin's price rises, so do the long-term forecasts. Frank Holmes of US Global Investors and Scott Minerd of Guggenheim Investments both believe half a million dollars is within reach in the coming years.
But there's one price prediction that trumps them all. Microstrategy CEO Michael Saylor foresees Bitcoin sucking up 'monetary energy', which would propel it to an unthinkable price:
In theory, all monetary energy that's simply looking for a store of value/safe haven index should presumably drain out of real estate, cash, stocks, and bonds into the Bitcoin network.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 84.4% | 24 | $59 944.92 | -1.62% | 4.69% | $1 184 260 800 539 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 77.2% | 47 | $2 307.28 | -2.72% | -1.62% | $277 665 229 196 | ||
3 | USDT | Tether predictions | 92.8% | 1 | $1.000026 | -0.01% | -0.01% | $118 844 209 087 | ||
4 | BNB | Binance Coin predictions | 78.8% | 33 | $541.60 | -1.02% | 3.53% | $79 038 161 169 | ||
5 | SOL | Solana predictions | 75.2% | 41 | $128.83 | -2.89% | -2.47% | $60 341 243 008 | ||
6 | USDC | USD Coin predictions | 92.4% | 1 | $1.000010 | 0.01% | 0.01% | $35 508 387 710 | ||
7 | XRP | XRP predictions | 79.6% | 40 | $0.567858 | -3.11% | 6.25% | $32 019 259 844 | ||
8 | DOGE | Dogecoin predictions | 84% | 28 | $0.100549 | -0.87% | -0.61% | $14 681 089 872 | ||
9 | TON | Toncoin predictions | 76% | 48 | $5.55 | 0.71% | 4.47% | $14 046 277 299 | ||
10 | TRX | TRON predictions | 85.6% | 14 | $0.149756 | -0.61% | -2.09% | $12 981 102 005 | ||
11 | ADA | Cardano predictions | 78.4% | 37 | $0.330841 | -1.77% | -3.49% | $11 897 238 470 | ||
12 | STETH | Lido stETH predictions | 94.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
13 | WTRX | Wrapped TRON predictions | 94.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
14 | WBTC | Wrapped Bitcoin predictions | 91.6% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 | ||
15 | AVAX | Avalanche predictions | 75.6% | 45 | $23.13 | -4.20% | -1.76% | $9 390 128 560 |
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