Author: Elena R Feb 9, 2023 8:32
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
PlanB predicts that Bitcoin will reach $1 million by 2025 and $32,000 by 2024 halving. He argues that the stock-to-flow model remains reliable and the new bull market has already started. The yellow range estimate for 2025 is between $100,000 and $1,000,000. PlanB criticizes those calling the early-year rise a bull trap and remains optimistic about Bitcoin’s future growth potential. Currently, Bitcoin is at $23,593, down 2.6% from its weekly high.
Source: https://coinpedia.org/crypto-live-news/planbs-bitcoin-forecast-btc-price-to-hit-1million-by-2025/