PlanB has reaffirmed his $500,000 price prediction for Bitcoin. Halving events and increasing interest from institutional investors are among the factors that will support this price increase. General price predictions for 2025 range between $150,000-300,000.
PlanB, creator of the Stock-to-Flow (S2F) model, once again emphasized that Bitcoin could reach $500,000 from its current price level of $96,703. He emphasized that this target, which he set three years ago when Bitcoin’s price was around $20,000, is still valid. This statement stands out as one of the most ambitious predictions made for 2025.
PlanB had previously stated in his statements about the future of Bitcoin that the halving event that will take place in 2024 could significantly increase the price of Bitcoin. Expressing that he believes this prediction is still valid, PlanB stated that the expectation that the price of Bitcoin could reach $500,000 in 2025 is supported by this year's halving events and the increasing interest of institutional investors.
Bitcoin is currently trading at $94,591.42. However, according to PlanB’s prediction, Bitcoin could rise to $100,000 in the short term. Experts predict that Bitcoin could reach a value between $250,000 and $1 million.
According to general estimates for 2025, Bitcoin could reach a value between $150,000 and $300,000. However, the US creating a strategic Bitcoin reserve and institutional investors showing more interest could push Bitcoin’s value to new heights. MicroStrategy stands out as one of the companies leading this trend. The company recently bought 2,138 BTC for $209 million, bringing the total amount of Bitcoin to 446,400.
Bitcoin’s price can fluctuate depending on market conditions. However, the halving event and the influence of institutional investors could significantly increase Bitcoin’s value. PlanB’s $500,000 target seems like a more likely target considering these factors.