Bold Prediction from Bitcoin Analyst: “Those Who Left Out Will Regret Too!”

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Popular bitcoin Analyst Plan B recently shared his prediction that BTC will reach a price of $532,000 by 2025. The analyst makes his prediction based on the S2F model. This estimate is used for assets with limited supply such as gold, silver and BTC. Plan B introduced this model four years ago and received a lot of criticism, but according to the analyst, the model is still valid.

S2F is a model that measures scarcity based on the immutable issuance schedule and the 21 million supply cap of BTC. To Plan B’s tweets according toThe S2F model correctly predicted the Bitcoin price pump after the 2020 halving and also predicts another pump after the 2024 halving. Plan B acknowledges that there are error bands in the S2F model, but believes the price will reach $532,000 by 2025.

Bitcoin S2F model It shows the range of 100,000 to 1 million dollars before the halving event that will take place in 2024. Since this range is quite wide, it is quite difficult to make a precise estimate.

Plan B cites the 2012, 2016 and 2020 halvings as an example, in response to all criticisms of the model. Plan B argues that the limited supply of 21 million, the supply schedule, and the 4-year halving cycle are fundamental to Bitcoin price.

All in all, it has to be admitted that the price prediction of $532,000 is quite “bold”. As a matter of fact, the analyst made some correct predictions before with the S2F model. While the markets are inherently uncertain, the analyst’s claim resonated with the community.

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