Bitcoin Price Analysis

Accumulation model to flow; Does the $ 200,000 price forecast for Bitcoin come true?


Bitcoin’s uptrend has intensified as it enters March. At the same time, we are seeing the Bitcoin price outperform the S2F forecast; According to this model, the current price of Bitcoin should be in the range of $ 38,000.

to the the report According to PlanB, the creator of the Bitcoin accumulation model, the price of the king of digital currencies will eventually reach $ 200,000, according to PlanB Telegraph.

The accumulation-to-flow model is a long-term bitcoin price forecasting model that takes into account two main factors: the number of available bitcoins (accumulation) and the number of bitcoins produced and entering the market (flow).

The bitcoin trend is in line with the S2F‌ forecast

According to the flow accumulation model, the current price of Bitcoin should be in the range of $ 36,815, while the price of Bitcoin is in the range of $ 50,000. The recent jump of this digital currency has caused bitcoin to grow by about 4% in the last 24 hours.

Saifdean Ammous, author of the Bitcoin Standard book, noted that Bitcoin has performed well over the past two years, which has pushed the price of Bitcoin away from the accumulation model.

According to the accumulation-flow model, the market is discovering the price of bitcoin based on scarcity and increasing demand for bitcoin. In addition, the model states that the value proposition of bitcoin depends on two factors: the declining trend of the US dollar and the planned reduction in the supply of this digital currency (Hawing). Amos said about this:

Planby released its model two years ago. For all that has happened to Bitcoin and the world over the past two years, the price of Bitcoin has never been more than a standard deviation from the model. [انباشت به جریان] Did not leave behind.

Accumulation model to flow
Accumulation model to flow

Planby said in an interview that he has no doubt that the price of Bitcoin will reach $ 100,000 by December 2021 (December 1400). He said in mid-2020 that the price of bitcoin in December 2021 would be in the range of $ 100,000 to $ 288,000. He said about this:

People ask me if I believe in this model. I have no idea about the accuracy of the S2FX model, and Bitcoin will reach $ 100,000 to $ 288,000 by December 2021. I have recent data confirming supply shortages [بیت کوین] It is serious. In my opinion, 2021 will be extraordinary. Of course, this is not an investment offer!

Bitcoin is used for more than $ 1 million

According to Willy Woo, one of the leading analysts in the Bitcoin chain, Bitcoin monetary acceleration is more than M1 US dollars; This means that the value transferred with Bitcoin is higher than the dollar spent.

Accumulation model to flow;  Does the $ 200,000 price forecast for Bitcoin come true?

This trend shows that bitcoin is becoming more and more stable, more used as a tool to transfer value and at the same time to store value. Willie Woo said:

Bitcoin monetary acceleration is now more than $ M1. M1 are dollars that are held in the short term for the purchase of goods; None of these dollars are transferred. Bitcoin is making fun of them. Bitcoin transfers more than dollar spending. It should not be forgotten that Bitcoin is a long-term investment.

Today, many see bitcoin as a store of value and a safe haven from inflation. When bitcoin acceptance as a method is paid for and increases at the settlement level, the next wave of public use and acceptance is likely to accelerate.

At that time, the price of bitcoin will increase faster than before. On the other hand, the next bitcoin howling will occur in another three years, and we can expect the accumulation model to match the flow and price of bitcoin.

It should not be forgotten that Bitcoin may still undergo extensive reform; The improvements we have seen in both the current cycle and the previous cycle. As long as the standard Bitcoin price deviation does not exceed the predicted value in the accumulation model, it can be said that this model works well.

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