PlanB, a renowned analyst, asserts that Bitcoin will never drop below $31,000, based on his stock-to-flow analysis model. He emphasizes that this projection is contingent on Bitcoin adhering to its historical pattern, as outlined in the model. PlanB further predicts a Bitcoin price of $500,000 after the next halving event, adding a unique perspective to the myriad price predictions within the crypto community. While optimistic projections often focus on reaching new all-time highs, PlanB's emphasis on a floor at $31,000 adds a distinctive element to the ongoing discussions in the crypto space.

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📈 PlanB, the creator of the famous S2F (Stock-to-Flow) model for Bitcoin price prediction, shared insights on his YouTube channel. He predicts that within a year, the Bitcoin price could reach $100,000 and potentially break the $10,000 barrier. PlanB also noted similarities in the current Relative Strength Index (RSI) pattern to past parabolic rallies, suggesting the potential for increased volatility in the range of $300,000 to $500,000 after surpassing $10,000. Keep an eye on the market for further developments! 🚀 #Bitcoin #PricePrediction #PlanB #S2FModel