Cryptocurrency expert PlanB, the creator of the Stock-to-Flow model for Bitcoin (BTC), has reaffirmed his prediction that the asset will achieve an average price of $500,000 during the current halving cycle spanning 2024 to 2028. This outlook comes amid ongoing market fluctuations, with Bitcoin struggling to reclaim the $70,000 level. At press time, Bitcoin was trading at $67,334, having dropped almost 1% in the past 24 hours, while on the weekly timeframe, BTC is up 0.6%