While investors are waiting for good news from the SEC regarding spot Bitcoin ETF applications, analyst PlanB, known for his S2F model, announced his 2024 and 2025 BTC price predictions.
At this point, Plan B, who recently published a new video on his YouTube channel, said that according to the S2F model, Bitcoin could be between 50,000 and 60,000 dollars in the halving that will take place in March 2024.
Thinking that there will be a rise after the halving, PlanB announced that he expects BTC to rise to $ 100,000 by the end of 2024 with this rise.
Then, giving his 2025 prediction, the analyst claimed that BTC will experience a massive rise by 2025 and reach $ 532,000.
Bitcoin, which was above $45,000 at the beginning of the week, fell below $41,000 following rumors that spot Bitcoin ETFs would not be approved. However, BTC recovered afterwards and continues to trade at $43,924.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/popular-analyst-plan-b-announces-2024-and-2025-predictions-for-bitcoin-he-pointed-to-this-date-for-500-thousand-dollars/