Ah, the ever-persistent PlanB, the sage of the blockchain world, has once again graced us with his wisdom. Apparently, Bitcoin is still a mere child in its four-year market cycle—oh, how innocent! According to his much-ballyhooed stock-to-flow (S2F) model, it has hardly begun to experience its true magnificence. The idea that Bitcoin is only at $104,000 is almost laughable when one compares it to the grand destiny of $500,000, a price he predicts based on the fundamentals. How quaint.
“The price of Bitcoin at $104,000 is still far removed from the $500,000 stock-to-flow value,” he proclaimed with all the authority of a modern-day oracle. “This is merely the beginning. I expect the average price over this four-year cycle to be… we still have three years to go,” he added, as though we should all take a solemn vow to wait with bated breath for the approaching fortune.
The Bull Market: A Gift That Keeps on Giving
In a stunning display of optimism, PlanB assures us that Bitcoin is only just getting started. His outlook is as bright as a freshly minted coin. He points to historical patterns and the 2024 U.S. spot Bitcoin ETF launch as key indicators that we are witnessing a grand revival. The initial price surge following the ETF introduction? Merely a “fake loop,” he declares, as though the universe of cryptocurrency enjoys a good prank now and then. However, this ‘reset’ has somehow brought Bitcoin back to the start of its typical bull market trajectory. Isn’t that reassuring?
“We are now exactly where all previous bull markets began,” he remarked, with all the calm confidence of a cat on a windowsill. “It’s the most bullish of signals, if you ask me.” Well, we didn’t ask you, but we’re hanging on every word nonetheless.
Price Targets: A Modest $250K to $1 Million
According to the ever-enigmatic stock-to-flow model, which calculates Bitcoin’s scarcity against its rate of issuance, PlanB believes Bitcoin could skyrocket to a price range of $250,000 to $1 million. Yes, that’s right—a potential upside of a whopping 860% from today’s humble price levels. An amount so fantastical it may as well have been plucked from the pages of a fairy tale.
Despite the wild swings and occasional temper tantrums of the short-term market, PlanB’s forecast suggests that Bitcoin’s long-term trajectory is as solid as the blockchains it is built on. But, of course, let’s not forget: we have three whole years to witness the drama unfold. How exciting!
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2025-06-07 09:18