PlanB, the man behind
the widely-referenced stock-to-flow Bitcoin (BTC) value charts,
described exciting times ahead for the asset.  

"We're four months after the halving, and it's about to get very interesting," anonymous Twitter analyst PlanB said in a Sept. 4 podcast interview with Peter McCormack. 

PlanB's stock-to-flow, or S2F, model has tracked Bitcoin's price
activity in line with its halving events, finding rising prices
following such events based on Bitcoin's decreasing inflation rate via
mining. The model predicts Bitcoin hitting near $288,000 per coin by the
time its next halving arrives. 

Although PlanB said he is tied to
his S2F data, his personal opinion on the asset itself also remains
very bullish. "This is the solution, the hedge, against all this crazy
debasement and quantitative easing," he said, referencing inflation and
the current monetary actions seen by governments across the globe in
response to the problems caused by the COVID-19 pandemic.   

PlanB
also described the high demand for the asset among big players. The
analyst mentioned that clients of his company, which are large publicly
listed businesses, have been expressing an interest in Bitcoin as of
late. 


"We now are seeing pull from clients, from people
that go to Fidelity and all the big players, and ask for Bitcoin in
their pension fund."

Bitcoin has gained noticeable attention from
mainstream institutional participants looking to enter the industry
following the economic turbulence caused by the COVID-19 pandemic. Some
parties, such as gold expert Peter Schiff, however, remain firmly against BTC.

source link : https://cointelegraph.com/news/it-s-about-to-get-very-interesting-says-bitcoin-stock-to-flow-model-creator