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In a recent interview with Scott Melker, popularly known as The Wolf Of All Streets, the Bitcoin S2F model creator PlanB, gave reasons why he believes BTC will trade as high as $5 million per coin in years to come. 

“Maybe that all-time high could be reached this year and the low the year after in 2022 but after that there will be another halving in 2024. So 2025 and the years after that will be actually much much more interesting than the next two years. And yes, the S2F models predict prices ranging from $1 million (for the normal stock flow model) to 5 million (for the stock flow x model),” PlanB explained.

According to him, he will hold on to his bitcoin bags and will only sell small, if need be, to survive the bear market.

“My eyes are, by the way, on those price levels ($1m to $5m) more than on the $100k to $288k so I’m not selling. Maybe some to just survive the bear market but yeah,” he said. 

In other trending Bitcoin News today: Institutions appear bullish on crypto despite record Bitcoin outflows.

At the start of 2021, the cryptocurrency industry was bursting with news of increased institutional investment, and this is still largely true. Despite reports suggesting increased outflows from institutional investors, net inflows are still very much positive. 

Additionally, though Bitcoin (BTC) appears to be the investment of choice for liquidations, institutional investment into Ethereum (ETH) has never been healthier.

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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.

Show Notes / Resources:

Ethereum Outpacing Bitcoin to New Record High, According to CryptoQuant CEO

https://cryptopotato.com/bitcoin-price-to-5-million-s2f-model-creator-explains-his-long-term-prediction/

https://cointelegraph.com/news/institutions-appear-bullish-on-crypto-despite-record-bitcoin-outflows

https://cointelegraph.com/news/bitcoin-prepares-for-50k-showdown-as-futures-traders-turn-modestly-bearish-on-btc

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Right now, with the Bitcoin market cap sitting just under $1 trillion, BTC is only a very tiny fraction of the world’s assets combined. So in the grand scheme of crypto, this is why many analyst believe we’re still so early.

“If Bitcoin captures just 5% of the market cap of other assets on this chart, it’ll be worth over $2M/coin.”

In other trending Bitcoin News today: Bitcoin bears lack ‘balls’ to continue selling into 2022!

BTC bears will probably be too “stoneless” to keep prices down much longer, fresh Bitcoin price analysis argues.

In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

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.

Show Notes & Resources:

https://cointelegraph.com/news/billionaire-investor-bill-miller-puts-50-of-net-worth-in-bitcoin

https://cointelegraph.com/news/world-s-biggest-podcaster-joe-rogan-has-a-lot-of-hope-for-bitcoin

https://cointelegraph.com/news/bitcoin-returns-to-42k-as-bets-start-favoring-short-squeeze-higher-for-btc

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Bitcoin disciple Max Keiser said his BTC price target for this year remains $220,000 despite all the recent FUD which has crept into the crypto market over the past few weeks.

As host of The Keiser Report and Orange Pill Podcast, Max points to the 2008 financial crisis as the start of a spiral that brought forth and continues to fuel Bitcoin’s ascent.

Keiser, who is an early Bitcoin investor, says the digital asset’s parabolic ascent could ultimately take BTC to about the $2 million mark.

“They’re just going to keep printing. And well, you know, my Bitcoin is up 9,000,000% since I first bought it. And it’s probably going to go up another 40x.”

In other trending Bitcoin News today: Bitcoin’s off-chain data points to more upward momentum for BTC price.

After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. 

In fact, over the last 21 days alone, a whopping $700 billion entered the digital asset sector, leading many to believe that more may be in the cards in the near term.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

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.

Show Notes / Resources:

https://cointelegraph.com/news/bitcoin-s-off-chain-data-points-to-more-upward-momentum-for-btc-price

https://cointelegraph.com/news/btc-price-passes-47k-worst-case-scenario-as-bitcoin-realized-cap-hits-all-time-high