312: ASSET GIANT FIDELITY VALIDATES BITCOIN MODEL THAT PREDICTS BTC PRICE RISE TO $1,000,000!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - August 26, 2020 16:14 - 23 minutes - 11.3 MB - ★★★★ - 537 ratings
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Previous Episode: 311: BITCOIN PRICE IS ON TARGET TO HIT $288,000 AS U.S. MONEY VELOCITY COLLAPSES IN Q2!! BTC ANALYSIS!!

Next Episode: 313: BREAKING: FIDELITY PRESIDENT LAUNCHES NEW BITCOIN FUND; $100,000 BTC MINIMUM BUY-IN PRICE!!

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The trillion-dollar asset manager Fidelity is scrutinizing a popular and controversial Bitcoin price model.

A recent report from Fidelity Digital Assets analyzes the BTC stock-to-flow ratio, which divides the amount of a commodity in circulation by the amount mined per year.

Using the correlation between an asset’s price and its S2F ratio, the pseudonymous crypto analyst PlanB has predicted that the BTC price will soar to $1 million by 2029.