Bitcoin Breaks $70,000, PlanB Predicts BTC To Hit $150K By Year-End
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When asked whether $100K will be the top for Bitcoin, PlanB said that the BTC price can rally to $500K by 2028 as pet the S2F model.
HIGHLIGHTS
PlanB said that the Bitcoin revenue model has bottomed thus hinting at a mega-rally ahead.
All eyes will be on the US Fed meeting this week as the market will closely watch Powell's commentary on inflation.
The upcoming US elections could probably bring more volatility into Bitcoin.
Amid strong bullish momentum, the world’s largest cryptocurrency Bitcoin (BTC) has managed to breach past $70,000 levels as of press time, with analysts turning mega bullish going ahead.
