PlanB's 2023 Projections for Bitcoin's Future Price is proving real... $BTC to surge to $100,000 in 2025.
PlanB, a Bitcoin maximalist and analyst known for his Bitcoin stock-to-flow (S2F) model, has shared his predictions for the future price of Bitcoin in 2024 and 2025. While many analysts and experts have shared their own opinions, PlanB, known for his bullish predictions, has shared his long and short-term expectations in 2023.
With the significant rise in the price of Bitcoin in 2023-2024, new expectations for a bottom have decreased. PlanB has stated that the bottom of the price has been left behind. The phenomenon analyst, who has over 1.8 million followers, particularly drew attention to the positions of short-term investors. The analyst indicated that the uptrend will continue as investors are in the profit zone. PlanB reported that historically, short-term investor positions in the profit zone are a signal of an uptrend.
PlanB, who provided Bitcoin price predictions for 2024 and 2025, stated that the bull market will begin in 2025 following the halving process in 2024. PlanB predicts that the price of BTC will reach above $32,000 in 2024 which proved to be a highly accurate prediction, and the bull market in 2025 will reach $100,000, which we are all waiting to see.
In traditional and crypto markets, bear and bull seasons show different dynamics. These bear and bull cycles are mostly associated with Bitcoin halving. Historically, BTC has experienced a strong bull season during each halving period. For example, the years between the 2016 and 2020 halvings, Bitcoin experienced a bull market and saw significant price increases.
Will PlanB's 2025 $BTC Prediction prove accurate. My personal conviction is yes. What about you? Tell us about your position!
