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.
$BTC
