Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
PlanB predicts BTC will rise to $500,000 in four years

PlanB predicts BTC will rise to $500,000 in four years

Cointime2024/11/10 01:44
By: Cointime
BTC+0.44%

Bitcoin analyst PlanB predicts a target price of $500,000 for BTC within the next four-year cycle based on historical data and patterns from its stock-to-flow model. PlanB points out that Trump's proposal to establish a national BTC reserve is a potential driving factor for its demand, and suggests that this could increase the pressure to buy "200,000 BTC per year". The model evaluates the value of BTC based on its limited supply and scheduled halving events, indicating that its price will rise significantly after each halving event. It is worth noting that although PlanB expects the price of BTC to reach $500,000 in this cycle, it also notes that there is a large price difference, ranging from $250,000 to $1 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28
CandyBomb x ZKC: Trade futures to share 66,666 ZKC!
Bitget Announcement2025/09/16 06:00

Trending news

More
1
Bitget Trading Club Championship (Phase 9)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
2
New spot margin trading pair — ZKC/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,911.1
+1.02%
Ethereum
Ethereum
ETH
$4,465.41
-0.59%
XRP
XRP
XRP
$3.04
+0.61%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$935.13
+2.05%
Solana
Solana
SOL
$237.6
+2.20%
USDC
USDC
USDC
$1
+0.04%
Dogecoin
Dogecoin
DOGE
$0.2659
+1.09%
TRON
TRON
TRX
$0.3418
-0.26%
Cardano
Cardano
ADA
$0.8700
+1.43%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter