Quant analyst PlanB is predicting a bullish future for Bitcoin (BTC), forecasting multiple months of record-breaking prices in 2025.
PlanB’s Bullish Prediction
In a recent YouTube video, PlanB shared his outlook with his 200,000 subscribers. He argues that history suggests new all-time highs tend to lead to more. He points to previous bull markets in 2013, 2017, 2020, and 2021 as evidence. While Bitcoin hit a high of $108,000 in December (not the closing price), PlanB expects 2025 to see many months exceeding that level.
Price Targets and Model Explanations
PlanB’s stock-to-flow model projects an average Bitcoin price of $500,000 over the next four years (2024-2028). However, he acknowledges a range of $250,000 to $1 million, citing a standard deviation calculation. The stock-to-flow model analyzes the relationship between the existing supply of Bitcoin and its rate of new coin creation.
Current Market Conditions
At the time of writing, Bitcoin is trading around $98,445, up slightly for the day.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies. Investing in crypto is risky, and you could lose money.
/p>
