Renowned crypto analyst PlanB shares his price predictions as bulls and bears fight for dominance in the cryptocurrency sector, particularly the Bitcoin (BTC) market.
Compared to PlanB's 2019 prediction of $55,000, the average price of Bitcoin during the 2020â2024 halving cycle was $34,000.
The Future of Bitcoin Value: 2024â2032 Keeping this in mind, the specialist input new data into the S2F model and arrived at a $50,000 average Bitcoin price for the 2024â2028 halving cycle. In his view, the primary cryptocurrency will reach a price of $4 million during the next halving cycle, which takes place from 2028 to 2032.