Quantitative crypto analyst PlanB anticipates that Bitcoin (BTC) $98,074 will hit multiple new all-time high (ATH) levels in the coming months. In a recent video update to his 200,000 YouTube subscribers, PlanB expressed that 2025 is set to bring significant gains for Bitcoin.
PlanB’s Predictions
The analyst highlighted a high likelihood of Bitcoin’s price reaching new peaks, based on historical data. He noted that in previous peak periods, there has consistently been a trend of reaching new highs, and he expects this trend to continue.
PlanB forecasts an average price target of $500,000 for Bitcoin over the next four years within the stock-to-flow model. However, he cautioned that this target may not be met exactly, with prices potentially ranging from $250,000 to $1,000,000.
“The stock-to-flow model looks into the future, and we expect an average price target of around $500,000 during the 2024-2028 period. However, a standard deviation band presents a wide range from $1 million to $…