Will Bitcoin Be $100,000 This Time Next Year?
S2F says bitcoin will hit $100,000 in August 2021.
Published in
4 min readAug 18, 2020
It’s mid-August 2020 and bitcoin is jumping in price.
Right now, on August 17, 2020, coinmarketcap.com puts bitcoin’s price in USD at $12,270.27.
According to the bitcoin stock-to-flow model, however, bitcoin will reach an incredible price of $100,000 USD.
Is $100,000 actually possible?
Crypto Twitter is abuzz this week with bitcoin jumping in price, several altcoins continuing to surge, and Warren Buffett buying gold.
Age-old debates are being renewed, excitement is in the air, and even El Presidente Dave Portnoy is playing a bit of a bitcoin character after his meeting with the Winklevoss twins.
The bitcoin bulls are out in full force.
