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Bitcoin to hit $250K in January 2022 but 'invalidate' S2FX BTC price model — New prediction
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Bitcoin (BTC) will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, says well-known analyst Matthew Hyland.
In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two stock-to-flow models would survive beyond 2022.
With $100,000 still a lofty yet plausible end-of-year price for 2021, attention is turning to what could lie beyond.
For Hyland, new large-volume investors will play a key role in how BTC price action unfolds during the current halving cycle, set to end in 2024.
A mass publicity campaign from these large players, he says, will lure in retail investors — and it will start as soon as $100,000
Read more on cointelegraph.comAbout this in other media
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Bitcoin ‘solidifies’ support at $58K as BTC price volatility hits 7-month low cointelegraph.com /3 years ago
Bitcoin avoids recent lows as BTC price eyes $60K into the weekly close cointelegraph.com /3 years ago
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