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Adam Back and Stock-to-Flow Model Predicts Bitcoin Hitting $100K Mark

By cryptocrunchapp.com on August 28, 2021


The British cryptographer Adam Back believes bitcoin will reach a price of $100,000 by the end of the year due its global adoption and awareness, he prefers Bitcoin to Gold as he calls it a better financial instrument. Also, Florian Grummes, a financial analyst anticipates bitcoin to hit $100,000 in the next 6 months, The popular Bitcoin stock-to-flow model shares same opinion together with investor Jordan Belfort – also known as the Wolf of Wall Street.

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