Is Bitcoin About To Hit Escape Velocity?

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Published
Bitcoin For Beginners (2020):
https://www.youtube.com/watch?v=ZpDA682fDN0

In this video, I discuss how a confluence of factors, (including the rise of many new on-ramps to Bitcoin (Robinhood, Cash App, PayPal, Venmo), central bank money printing, and Dave Portnoy and his army of day traders) may lead to Plan B's stock-to-flow model breaking (to the upside) in the next 12-18 months.

Historically, the stock-to-flow model price has exerted a gravitational-like influence on the price of Bitcoin, with the price of Bitcoin mean-reverting to it. However, during the current cycle, it is quite possible that the 2024 and 2028 halvings get either partially or fully priced in, and we see Bitcoin prices trade well above the range that is predicted for the current cycle.

In this scenario, Bitcoin reaches "escape velocity" and trades from $200,000 to $1 million even before 2024.

Not investment advice! Consult a financial adviser.

Preston Pysh on Twitter:
https://twitter.com/PrestonPysh

What is escape velocity?
https://en.wikipedia.org/wiki/Escape_velocity

Stephan Livera podcast with Plan B:
https://stephanlivera.com/episode/122/

Plan B and the stock to flow model:
https://twitter.com/100trillionUSD

Chart of Bitcoin stock to flow model:
https://www.lookintobitcoin.com/charts/stock-to-flow-model/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Famous people who like Bitcoin:
https://twitter.com/anilsaidso/status/1275133026108727296

PayPal and Venmo to roll our crypto trading:
https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

The M2 money supply continues to grow:
https://fred.stlouisfed.org/series/M2

Dave Portnoy and his army of day traders:
https://twitter.com/stoolpresidente

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join

Use this secret coupon code to get a discount: YT99

#Bitcoin
#BitcoinAnalysis


Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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