Popular cryptocurrency analyst PlanB is betting big on Bitcoin, predicting a price surge to $300,000 by the end of 2026. This is a contrarian view, as many in the market are less optimistic.
A Bullish Outlook
In a recent YouTube video, PlanB shared his analysis with over 200,000 subscribers. He highlighted that a significant portion of investors don’t believe Bitcoin will reach $300,000 within the next year and a half. However, PlanB disagrees, suggesting the price could even exceed that, potentially hitting his stock-to-flow model target of $500,000 on average. He acknowledges the model’s limitations, noting a possible range between $250,000 and $1 million.
The Stock-to-Flow Model and Realized Price
PlanB’s prediction relies on the stock-to-flow model, which suggests that scarcity drives price. While initially used for traditional commodities, PlanB was a pioneer in applying it to Bitcoin. He’s also keeping an eye on Bitcoin’s realized price, which tracks the average transaction price of coins. Since the current Bitcoin price is above all major cohorts of realized prices, PlanB sees no bearish signals. He describes the current market behavior as classic bull market activity.
Current Bitcoin Price and Disclaimer
At the time of writing, Bitcoin is trading around $115,043, up slightly for the day. It’s important to remember that this is speculative analysis and not financial advice. Always do your own research before investing in cryptocurrencies.