{"id":12678,"date":"2024-04-18T11:07:13","date_gmt":"2024-04-18T08:07:13","guid":{"rendered":"https:\/\/forklog.com\/en\/plan-b-predicts-bitcoin-to-reach-300000-by-2025\/"},"modified":"2024-04-18T11:07:13","modified_gmt":"2024-04-18T08:07:13","slug":"plan-b-predicts-bitcoin-to-reach-300000-by-2025","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/plan-b-predicts-bitcoin-to-reach-300000-by-2025\/","title":{"rendered":"Plan B Predicts Bitcoin to Reach $300,000 by 2025"},"content":{"rendered":"<p>Analyst PlanB has stated that the current halving cycle is no different from previous ones. He anticipates Bitcoin reaching $100,000 in 2024 and peaking at $300,000 the following year.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">IMO this bitcoin halving will NOT be different:<br \/>\u2014 All bitcoin price increase will again be around the halving<br \/>\u2014 Buying 6m before the halving and selling 18m after the halving (green line) will outperform buy&#038;hold<br \/>\u2014 BTC > $100k in 2024<br \/>\u2014 BTC top > $300k in 2025 <a href=\"https:\/\/t.co\/lCZjnuoYMO\">pic.twitter.com\/lCZjnuoYMO<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1780586891735101653?ref_src=twsrc%5Etfw\">April 17, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In his view, the best strategy remains buying the leading cryptocurrency six months before the block reward halving and selling it 18 months after the event.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBitcoin should replace gold because its scarcity\/Stock-to-Flow model will double. My \u2018maximum\u2019 of $300,000 is the lower bound of a range from $250,000 to $1 million,\u201d the expert added.<\/p>\n<\/blockquote>\n<p>Responding to a user&#8217;s question, Plan B emphasized that nothing will change two days after the halving. However, he noted a \u201cslight\u201d price increase\u2014from $34,000 in October 2023 to $62,000 at present.<\/p>\n<p>The expert suggested a further doubling in the 6-10 months following the miners&#8217; reward halving, followed by another two-to-fourfold increase at the \u201ctop of <span data-descr=\"fear of missing out\" class=\"old_tooltip\">FOMO<\/span>.\u201d<\/p>\n<p>Meanwhile, MN Trading founder Micha\u00ebl van de Poppe shared some of his market expectations. He forecasts Bitcoin consolidation and a \u201cbounce\u201d of altcoins in pairs with the leading cryptocurrency.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Expectance:<\/p>\n<p>\u2014 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> to consolidate.<br \/>\u2014 <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#Altcoins<\/a> bouncing in their Bitcoin pairs.<br \/>\u2014 Narrative to shift to ETH and DePIN\/RWA.<br \/>\u2014 Altcoin strength from in Q2\/Summer. <br \/>\u2014 Corrections in Q3.<\/p>\n<p>It&#8217;s going to be great, just buy the dip.<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1780672576962035732?ref_src=twsrc%5Etfw\">April 17, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the narrative will shift towards Ethereum, <a href=\"https:\/\/forklog.com\/en\/news\/tokens-for-noise-and-a-web3-alternative-to-google-maps-the-most-interesting-depin-projects\">DePIN<\/a>, and RWA.<\/p>\n<p>The altcoin season will begin in the summer, with a significant correction expected in the third quarter, the analyst believes.<\/p>\n<p>Previously, Animoca Brands founder Yat Siu expressed confidence in Bitcoin reaching the $1 million mark.<\/p>\n<p>Earlier, Euro Pacific Capital President Peter Schiff expressed skepticism about the ability of Bitcoin exchange-traded funds to raise the base asset&#8217;s price to $100,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analyst PlanB has stated that the current halving cycle is no different from previous ones. He anticipates Bitcoin reaching $100,000 in 2024 and peaking at $300,000 the following year. IMO this bitcoin halving will NOT be different:\u2014 All bitcoin price increase will again be around the halving\u2014 Buying 6m before the halving and selling 18m [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1138],"class_list":["post-12678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12678"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12677"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}