Forecast shared by PlanB
Well-known cryptocurrency analyst PlanB expressed confidence that Bitcoin is preparing for a new historical record before the next halving. There are exactly 20 days left until this important event.
PlanB, the creator of the popular Bitcoin value model known as Stock-to-Flow, is one of the most influential experts in the cryptocurrency world. His model predicts a significant increase in the price of BTC during halving periods, when the mining reward is halved.
He also noted that Bitcoin closed March above $71,000, marking the top cryptocurrency's seventh straight month of gains. And this is also a historical record.
According to the forecast of various experts and analysts, the Bitcoin rate may soar above 150-200 thousand dollars as early as 2025, but they also do not exclude the risks of a deep correction on the way to a new high.