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Quantitative analyst PlanB is updating his Bitcoin price target for the first quarter of 2022 and reveals when he thinks BTC will see a hyperbolic surge where it outperforms all other assets.

In an interview with Bitcoin bull Anthony Pompliano, the widely followed crypto analyst says that based on his various models, there’s a possibility for the BTC price to ascend as much as 700% by early next year.

“I guess we will be above $100,000, above $135,000 at the end of the year, and then we’ll continue to grow maybe towards to stock-to-flow X (S2FX) model target [at] $288,000 or even above. I would not be surprised even to see in Q1 in Q2 next year prices of $300,000, $400,000 [or] $500,000.”

In other trending Bitcoin News today: Crypto Analyst Alex Krüger Predicts Bitcoin Price for End of 2021, Says $1 Million BTC Inevitable in the Long Run!

In a new interview with YouTuber and crypto strategist Scott Melker, Krüger predicts that Bitcoin will eventually hit the $1 million price tag. However, he says the timeframe for the price target is up for grabs.

“One million Bitcoin? I think it will happen, most definitely. I have no idea when. I think it’s way out there.”

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

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