Bitcoin analyst known as PlanB has shared potential prices for the digital currency from 2024 to 2027. His predictions are striking: by the end of next year, BTC could soar to $1 million. However, several intriguing events must occur beforehand.
PlanB is a Dutch institutional investor with 25 years of experience in financial markets, recognized as a master of Bitcoin modeling. He has nearly 2 million followers on X.
In March 2019, PlanB developed the Bitcoin Stock-to-Flow (S2F) model, using scarcity to quantitatively assess Bitcoin's value. A year later, he introduced the Stock-to-Flow Cross Asset (S2FX) model, which incorporates gold, silver, diamonds, and real estate.
Here's the price development scenario for Bitcoin from 2024 to 2027 that he envisions:
- October 2024: A traditionally successful month for the crypto market. Bitcoin reaches $70,000.
- November 2024:Donald Trump wins the U.S. presidential election. Bitcoin rises to $100,000.
- December 2024: Following the launch of the first Bitcoin ETFs
Type, there is a massive influx of investments. BTC skyrockets to $150,000. - January 2025: Cryptocurrency companies and experts return to the U.S. Bitcoin continues to rise. The price is now $200,000.
- February 2025: Proponents of the Power LawInvestors who adhere to the theory of Bitcoin’s step growth sell their assets, possibly believing it's the peak or a good time to exit. engage in widespread asset sales. The price of BTC drops to $150,000.
- March 2025: Bhutan, Argentina, and Dubai officially recognize Bitcoin as a legal payment method. The price of BTC rises to $300,000.
- April 2025: The Trump administration begins creating a strategic reserve of Bitcoin for the U.S. BTC reaches $400,000.
- May 2025: Other countries (apart from EU nations) join the Bitcoin accumulation race. BTC climbs to $500,000.
- June 2025: Several AI platforms start using Bitcoin for automated arbitrage tradingUsing price discrepancies for a single asset across different cryptocurrency exchanges.. The Bitcoin price hits $600,000.
- July-December 2025: Mass panic begins in the crypto market due to fear of missing out on wealth (FOMO). Bitcoin reaches an all-time high of $1,000,000.
- 2026: After a phase of active distribution, Bitcoin's price falls to $500,000.
- 2027: A bearish trend returns to the market. The price of BTC drops to $200,000.
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