PlanB unveils Bitcoin price prediction for end of 2021, predictions when current crypto cycle collapses

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Famous quantitative analyst PlanB reveals what he thinks the end of this year will bring for Bitcoin and how long the current crypto bull market can last.

In a new interview with Anthony Pompliano, the pseudonymous analyst known to be the first to apply the stock-to-flow (S2F) model to Bitcoin says he will be caught off guard if BTC stays below the six-figure mark by the end of 2021.

“I would be very, very surprised if the price of Bitcoin drops below $ 100,000 at the end of the year. It would sort of invalidate my point of view, my role models, and it would certainly surprise me. I think we’ll see a price tag of at least $ 135,000 by Christmas because that’s what my floor model says. Basically I use three types of models which all say the same thing.

PlanB says its three models are the S2F, which is traditionally used in commodity markets to derive price based on the flow of supply, another model that uses chain signals, and finally a floor model that aims to find the lowest possible price for Bitcoin.

“If we look at the on-chain signals right now, I would say the peak is at least a few months, say six months from here, so that would be the end of the first quarter. [of 2022], may be later.”

The upper end of PlanB’s S2FX model pins $ 288,000 for BTC at the top of this cycle. However, the analyst suggests that a brief shot over this target before finally correcting is not impossible.

“I guess we’ll be over $ 100,000 [or] above $ 135,000 at the end of the year, and we may continue to grow towards the S2FX model targets, $ 288,000 or even more. I wouldn’t even be surprised to see prices of $ 300,000, $ 400,000, $ 500,000 in the first or second quarter of next year… ”

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