Posted 4/3/2024, 7:04:55 AM
Bitcoin Could Hit $1 Million by 2025, Predictions Suggest - But Bumpy Road Ahead
- Quant analyst PlanB predicts Bitcoin could reach $600k-$1 million in 2025 based on his stock-to-flow model, calling $200k "very underwhelming"
- PlanB expects multiple 20-30% corrections for Bitcoin on the way up to his target price
- His model suggests the current bull market will peak in 2025, not 2024 like some predict
- Bitcoin is currently trading around $65,500, down over 5% in the past day
- PlanB warns his predictions do not constitute financial advice; investors trade at their own risk