Crypto expert Plan B predicts Bitcoin will hit $500,000 during this period
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%
BTC
B
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.