PLANB, Bitcoin $114,414.66He estimates that he can reach $ 300,000 by the end of 2026. Analyst said that his attitude on this issue is opposed to the general expectation of the market. The current value of Bitcoin was $ 115,043 during the statement, and with the estimates of PLANB 2021, he was mocked in most of 2022.
2026 Bitcoin price target
Speaking at the strategy session, Plant said that the majority of investors would not see Bitcoin’s $ 300,000 by the end of 2026. Plant stressed that he was thinking about the majority, and shared that his predictions were higher.
Plant: “Currently, 60 %of people think that Bitcoin will not reach $ 300,000 at the end of 2026.
He stated that the Stock-to-Flow (Stock-to-Flow) model developed by PLANB is based on a basic famine analysis. Although this model has previously been used for traditional commodities, Plant has been saying that it has made the integration of the model into Bitcoin for years. In 2021, although it was right in September, October and November, the S2F model turned it into regiment material in the following months.
S2F model and price range
The stock-stream model is based on the assumption that the price of a asset directs the price. According to the analyst, the price range for Bitcoin with this model is between 250,000 and $ 1 million. Plant, the average in the price estimation, pointing out, the expected value will be higher than that of investors said.
Plank: “The model foresees a price of approximately 250,000 to $ 1 million. The average may be between 300,000 or 600,000 dollars. At least I guess that at least many people will rise to a higher level than they think.”
Price indicator
Plank also touched upon Bitcoin’s “realized price” indicator, one of Bitcoin’s On-Chain metrics. This indicator follows the last prices of all Bitcoins on the market and offers an average value. The price of Bitcoin is already on top of all important price groups.
PLANB: “This type of picture is the behavior of the classical rise markets. The average 2 -year average is above the realized price; 6 months are over 2 years and Bitcoin is above all. Therefore, there is no negative market signal.”
According to the analyst’s comments, the price indicators of the price indicators shows that there is no signal that a negative period has occurred in the current market conditions. Historically, this structure may indicate that the tendency to rise continues.
In summary, the price estimation of PLANB is located at high levels than the majority expects. Although the analyst is based on the stock-flow model, the Bitcoin market stands out as an important issue of discussion in the long run, but the price of BTC does not have to follow certain price models. If Planb is justified, when the level of 300 thousand dollars is tested, I can share dozens of shares that start with the time.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.