BNY Mellon Bank: Bitcoin $100K in 2021

using a stock-to-flow model, and comparing to similar forecasts for bullion four Analysts suggest a price of $100K is achievable. About a ten minute read.

Comment: ok, this is optimistic and I’m saying that as a long time hodler. But their analysis is sound. Of course by naming both the date and price they’ve sorta messed up, but, well, I ain’t selling any Bitcoin.