According to the S2F model, the BTC rate will reach $ 115,000 in 4 months

According to Pantera Capital CEO Dan Morehead, the price of bitcoin could reach $ 115,000 in August.

Yearago we predicted bitcoin would hit $ 62,968 this week. It worked. This Bitcoin rally is EXACTLY similar to previous halvings. By August, most likely, we will reach 115 thousand dollars.

This is getting ridiculous. A year ago we predicted Bitcoin hitting $62,968 this week. It just did.

This Bitcoin rally is EXACTLY like previous halvings. Likely to reach $ 115k by August.

April 2020 Investor Letter: https://t.co/RMwSbqlS8m pic.twitter.com/2vwuDb91qQ

- Dan Morehead (@dan_pantera) April 13, 2021

In this case, Morehead refers to the letterto investors, which he sent out in April last year, which analyzes the stock-to-flow ratio and hypothesizes that the halving cycle in May 2020 will lead to an increase in the price of bitcoin by August 2021 to the level of $ 115 212.

At the same time, he noted that the forecast for April 15 was made in the calculation of the price at around $ 62,968. As we can see today, the forecast hit the target.

It is worth noting that some predictions in hisThe table turned out to be incorrect, since in mid-December the price of bitcoin was well below $ 32,000, and in mid-March it was well above $ 52,000. However, Morehead noticed how the numbers should be shifted forward or backward by several weeks.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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