Dan Morehead of Pantera Capital is anticipating Bitcoin to hit $200k by 2022His analysis is based on the adoption of BitcoinFor every million new users, the price of Bitcoin rises by $200Smartphones will be key in Bitcoin adoptionDemand for Bitcoin by institutions is also rising and could lead to a $700k terminal value of BTCThe CEO of Pantera Capital, Dan Morehead, has … [Read more...] about Bitcoin (BTC) Will Hit $200k in 2022 – Pantera CEO
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En route to $200K? Bitcoin closed February 26% above Stock-to-Flow model price
The price of Bitcoin (BTC) is outpacing the popular Stock-to-Flow (S2F) model, which predicts that the BTC price will eventually reach $200,000.The S2F model forecasts the long-term price trend of Bitcoin by taking two main factors into account, namely the amount of BTC in existence (the stock) against the amount of newly mined coins entering the market (the flow).Bitcoin is on … [Read more...] about En route to $200K? Bitcoin closed February 26% above Stock-to-Flow model price