PlanB Envisions Bitcoin Reaching $70,000 in October and $1 Million by 2025

In October, digital gold is projected to rise to $70,000, with the potential to reach $150,000 by the end of the year, according to analyst PlanB.

Not a prediction, not a call, not an expectation, not a target … some people forgot to read “just a scenario”? https://t.co/ltmBQ03toe

— PlanB (@100trillionUSD) September 25, 2024

The specialist emphasized that his post is “just a scenario,” not a “prediction, call, expectation, or target.”

PlanB anticipates that Donald Trump will win the U.S. presidential election in November. Trump is expected to end the war against cryptocurrencies, boosting Bitcoin’s growth to $100,000.

By the end of the year, the expert expects a massive influx of funds into ETFs, which will propel digital gold prices to $150,000.

The main points of the 2025 scenario are as follows:

• January 2025: People/companies from the crypto industry return to the U.S., BTC reaches $200,000;
• February: Proponents of the power law model sell, BTC — $150,000;
• March: Bitcoin becomes legal tender in Bhutan, Argentina, and Dubai, BTC — $300,000;
• April: Trump/U.S. begin creating a strategic reserve in digital gold, BTC — $400,000;
• May: Other countries (except the EU) join the “rat race,” BTC — $500,000;
• June: Several AIs start using Bitcoin for autonomous arbitrage, BTC — $600,000;
• July/December: FOMO, BTC reaches a new ATH — $1 million.

In 2026, PlanB expects a distribution phase for the first cryptocurrency, with a pullback to $500,000, leading to a bear market with a price drop to $200,000 in 2027.

Earlier, technical analyst and head of Factor LLC, Peter Brandt, predicted a fivefold increase in the price of digital gold relative to its physical counterpart.