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PlanB’s Bitcoin Price Prediction: $1 Million by End of 2024


by CoinEdition
PlanB's Bitcoin Price Prediction $1 Million by End of 2024
  • PlanB predicts Bitcoin may hit $70,000 in October.
  • Bitcoin ETFs and global adoption could push BTC to $500,000 by mid-2024.
  • A potential market correction may follow in 2026, stabilizing Bitcoin at $200,000.

PlanB, the creator of Bitcoin’s Stock-to-Flow (S2F) model, has shared a possible future price path for Bitcoin based on historical market cycles. His prediction identified several key events that could drive Bitcoin’s price to new highs next year.

PlanB anticipates Bitcoin reaching $70,000 in October, a month that typically sees strong price growth. He added that this trend may gain momentum in November if Donald Trump wins the U.S. presidential election. PlanB believes that a Trump victory could reduce regulatory pressure, propelling Bitcoin to $100,000.

According to this scenario, December could see signif…

The post PlanB’s Bitcoin Price Prediction: $1 Million by End of 2024 appeared first on Coin Edition.

Read the article at CoinEdition

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Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far...
Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

U.S. President Trump said that all trade discussions with Canada were being terminated.

PlanB’s Bitcoin Price Prediction: $1 Million by End of 2024


by CoinEdition
PlanB's Bitcoin Price Prediction $1 Million by End of 2024
  • PlanB predicts Bitcoin may hit $70,000 in October.
  • Bitcoin ETFs and global adoption could push BTC to $500,000 by mid-2024.
  • A potential market correction may follow in 2026, stabilizing Bitcoin at $200,000.

PlanB, the creator of Bitcoin’s Stock-to-Flow (S2F) model, has shared a possible future price path for Bitcoin based on historical market cycles. His prediction identified several key events that could drive Bitcoin’s price to new highs next year.

PlanB anticipates Bitcoin reaching $70,000 in October, a month that typically sees strong price growth. He added that this trend may gain momentum in November if Donald Trump wins the U.S. presidential election. PlanB believes that a Trump victory could reduce regulatory pressure, propelling Bitcoin to $100,000.

According to this scenario, December could see signif…

The post PlanB’s Bitcoin Price Prediction: $1 Million by End of 2024 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far...
Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

Market Wrap: Crypto Markets Shrug Off New Trump Tariff Threat as July Deadline Looms

U.S. President Trump said that all trade discussions with Canada were being terminated.