Bitcoin is the most performing asset since 2009 after the market crash of 2008 which triggered the creation of Bitcoin as Digital currency and presents the Blockchain model as new technology along with Artificial Intelligence and 5G. We have seen a price increase of the asset from a cent per coin all the way to $20k+ per bitcoin.
The Creator of the BTC price model forecasts the price prediction of $288,000 per bitcoin at the end of 2024, but it can be nasty if the predictions come true.
Stephan Livera, speaking in the latest edition of the podcast on May 05, 2020, said about the model, that I will go dark if the model is successful because if the model is successful, it will not be a pretty picture. Further, he said.
It will be nasty, maybe war because people have bitcoins, some people don't have bitcoin, It will be some countries have bitcoins, some won't have bitcoins, it will be the USD losing its reserve status, it will be geopolitical. It will be military.
The third bitcoin block subsidy halving which is a key milestone in the stock to flow toward $288,000 and higher can become reality in a few years. whereas Plan B has urged those attempting to discredit the model to be failed to come up with evidence or any alternative theory. Critics continue to line up too.
The complications of the Bitcoin scenario in the economic crash will be much nasty if the above model succeeds. The Stock Market is effected badly Especially after the global lockdown due to Pandemic, and the coming economic crash will be more severe and the 2008 crash will look like a peanut to it.
