March 28, 2024

According to the S2F model, the BTC rate will reach $ 100,000 by the end of November

According to the S2F model, the BTC rate will reach $ 100,000 by the end of November

By the end of November, the Bitcoin rate may exceed the threshold of $98,000. About this “worst case scenario” on my pageAn anonymous PlanB analyst recalled on Twitter. He admitted that at the end of October, the price of Bitcoin deviated from his initial forecast.

The analyst himself predicted that Bitcoin wouldat the end of the month will be trading above $63,000. However, the cryptocurrency closed October at just above $61,300 (~3% deviation from the forecast). However, an error of three percent suits the analyst quite well.

According to the S2F model, the BTC rate will reach $ 100,000 by the end of November

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At the same time, previous PlanB forecasts for September andAugust really came true. For example, he claimed that by the end of August the price of Bitcoin would be above $47,000 (the actual price was $48,807), and by the end of September it would be above $43,000 ($48,137).

The end of 2021, according to PlanB, will be remembered forcryptocurrency market in that Bitcoin will surpass the $135,000 mark. The Dutch analyst also claims that Bitcoin has entered its second surge after the halving. A similar price movement pattern can be seen in the cryptocurrency rally of 2012 and 2017.

According to the S2F model, the BTC rate will reach $ 100,000 by the end of November

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If Bitcoin follows a similar development again, then its price within the current trend could rise to a minimum of $100,000, and a maximum of ~$290,000.

Where is it more profitable to buy cryptocurrency? 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 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

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

  • Work reliability&#8212; 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.
  • Additional features and services&#8212; futures, options, staking, NFT marketplace.
  • 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.
  • final grade– the average number of points for all indicators determines the place in the ranking.

According to the S2F model, the BTC rate will reach $ 100,000 by the end of November

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