Odaily Planet Daily News Bitcoin analyst PlanB predicts that the target price for BTC in the next four-year cycle will be $500,000 based on historical data and patterns from its stock-to-flow model. PlanB pointed out that Trump's proposal to establish a national BTC reserve could be a potential driver of demand and hinted that this might increase the purchasing pressure of '200,000 BTC per year.' The model assesses its value based on BTC's limited supply and scheduled halvings, indicating that its price tends to rise significantly after each halving event. It is worth noting that while PlanB expects the BTC price to reach $500,000 in this cycle, he also stated that the price could vary significantly, ranging between $250,000 and $1,000,000. (Cointelegraph)