PlanB's Bitcoin Price Roadmap to $1,000,000 Starts, Here's More Predictions
The crypto market has been booming in recent weeks, before and after the US elections. Bitcoin has been the focus, but other cryptocurrencies have also been affected.
An influential crypto expert predicted these events and their timing on social media network X. These predictions were the first two in a longer Bitcoin price $1 million forecast.
Plan B, a crypto expert, wrote on social media in September that these projections were just the start of a plan that may bring Bitcoin to $1 million in 2025.
PlanB's aggressive Bitcoin price trajectory began with October's $70,000 spike. He then projected Donald Trump's November election triumph, which would end the Biden/Harris/Warren/Gensler crypto battle and push Bitcoin to $100,000 by December. After this, PlanB expects more Bitcoin ETFs to flood the market with capital, pushing Bitcoin above $150,000 by December 2024.
By January 2025, he expects crypto firms will return to the US, pushing the price to $200,000. He claimed early investors may cash out in February 2025, causing a brief drop to $150,000. Bitcoin will rise to $300,000 in March 2025 when Bhutan, Argentina, and Dubai legalize it.
Under Trump, the US will start accumulating Bitcoin as a strategic reserve in April 2025, driving its price to $400,000. This shift is expected to ripple into May 2025 as other countries follow the US. This would push Bitcoin to $500,000 in May 2025.
AI-powered trading algorithms employing Bitcoin in traditional financial arbitrage trading will boost Bitcoin to $600,000 in June 2025, according to the analyst. After this, PlanB forecasts a dramatic FOMO phase with a continuous purchasing surge between July and December 2025 that would push Bitcoin past $1,000,000.
He expects Bitcoin to drop to $500,000. in 2026 after this peak. The roadmap predicts a bear market by 2027 and a Bitcoin bottom near $200,000.
Bitcoin is currently at $75,120, having reached a 24-hour high of $76,243.
