Plan B “BTC, Will Reach 500 Thousand Dollars…2023 Prediction Hits the Mark”

Cryptocurrency analyst PlanB, well-known for the Bitcoin price prediction model 'S2F(Stock-to-Flow)', has once again put forth a bullish outlook. On the 13th, he expressed on his X account, “I am happy that my Bitcoin prediction in 2023 was correct,” and stated, “BTC will form between 250,000 and 1,000,000 dollars by the end of this cycle, and likely close to 500,000 dollars.”

In January 2023, PlanB had also predicted, “BTC will exceed 100,000 dollars in the bullish market of 2025,” which was considered somewhat bold at the time. However, as Bitcoin recently surpassed 110,000 dollars, reaching an all-time high, his prediction is receiving attention again.

He cited reasons such as supply decrease, increasing institutional demand, ETF fund inflow, and the macroeconomic easing trend as the background for this prediction. The market is closely observing that PlanB's outlook is not merely optimistic figures but also significantly influences the actual Bitcoin investment sentiment.