Bitcoin (Bitcoin) Will invalidate one of the most famous price models of this cycle, because $1 million will be the focus of 2025, noted analyst Matthew Hyland.
In a series of tweets on November 9, Hyland create Over the years, loyal followers of his Bitcoin commentary have predicted that only one of the two Bitcoin stock-to-flow models will continue to exist beyond 2022.
Goodbye, the stock circulation target of $288,000?
100,000 USD is still a high and reasonable year-end price in 2021, and people’s attention is turning to what may happen in the future.
For Hyland, new high-volume investors will play a key role in how the BTC price trend unfolds during the current halving cycle (scheduled to end in 2024).
He believes that the large-scale promotional activities of these large players will attract retail investors-once it reaches $100,000, it will begin to validate the Stock-to-Flow (S2F) model created by the quantitative analyst PlanB.
“I believe that the S2X model will be a catalyst for the late euphoric operation, because when PlanB is proven to be correct for the S2F model ($100,000), many people will believe that the S2X model ($288,000) will also be proven correct Yes,” he explained.
After that, the stock-to-liquid cross-asset (S2FX) model with an average price of $288,000 this cycle will become a beacon of hope for holders-but BTC/USD will ultimately not be realized.
“I believe this will be a’sell news’ event; however, large players will push it to the public to provide sufficient liquidity so that large players can sell at the higher prices they want,” he continued .
“US$288,000 will be the target price, which is below US$250,000.”
As S2FX effectively “expires”, the activity will not stop; however, for 2025-one year after the start of the next halving cycle, ostensibly because of seeing a new parabolic operation-$1 million per bitcoin The narrative will be copied for 2022.
“The S2X ($288,000) model will fail, but the S2F ($100,000) model will remain unchanged, predicting that Bitcoin will reach $1 million by 2025,” Hyland wrote.
“This is what big players will use in the next few years!”
Will it reach 1 million BTC by 2031? “Of course,” Bobby Lee said
Hyland finally reiterated the January 2022 price forecast, which seems incomprehensible at the current level: Bitcoin reaches $250,000.
Others have also set their sights further than the current cycle.
Bobby Lee, the former CEO of the BTCC exchange and the founder of the Bitcoin wallet service Ballet, hinted that in the 2030s, a Bitcoin price of almost $1 million can be guaranteed.
“After 10 years, by the end of 2031, Bitcoin will experience another 3 block reward halving. This will reduce the block reward to 0.78 BTC each, and the total daily new issuance is only 112.5 BTC. It will be very scarce. Hold on!” He wrote November 10.
“By then, there must be millions of dollars in Bitcoin!”
As Cointelegraph reports, by then, it might even be It is unrealistic to measure the value of Bitcoin in fiat currency fundamental.