Although Bitcoin Loophole has been trading sideways from halving, in a price range of $9,000 to $10,000, industry experts remain optimistic about the long-term valuation of BTC.
Thus, a recent review of the stock-to-flow (S2F) model suggests that the market’s main crypt-currency will exceed $520,000.
However, QuantMario, the analyst responsible for the new price target, stated that the value will not be reached in the short term.
For him, bitcoin holders need to hold on to their crypto currencies and wait for the exponential valuation that the future will bring.
So, according to QuantMario, after the fifth halving, which will take place in four years, Bitcoin will increase to $520,000.
„After the fifth halving, in eight years, the S2F model predicts that Bitcoin’s market capitalization will be greater than the value of all the properties in the world: stocks, real estate, trust money, gold, etc. Does that sound impossible?
Whoever agrees with the analyst is also an expert Crypt∞li, the director of the SAFEX crypt-currency exchange.
The last time this happened, BTC made $4,000
Is the $100,000 close?
For him, a new review in S2F shows that BTC will make a slow and steady march to $520,000 over the next two decades.
„Producing the S2F model basically requires a 10-fold increase in price from one cycle to the next. Assuming constant miner profitability (price balance and miner adoption), the mining effort should increase fivefold every four years – the combination of a tenfold increase in price and halving results in a fivefold increase in fiat money rewards every four years“.
In contrast, the PlanB model predicts that Bitcoin will reach $1 million by 2028.
QuantMario says that if the current Bitcoin price movement continues, there will be a much bigger rally in the next few years.
„The last three halving cycles have seen the formation of a price bubble that has exceeded the error ranges of the LGS-S2F model for a short period of time. If this happens again, we can expect a price increase of $100,000 over the next cycle.