The founder of the Stock-2-Flow (S2F) model, PlanB, has just confirmed via the X-platform confirmed that his target for the Bitcoin (BTC) price is $500,000. This is a continuation of his earlier predictions when Bitcoin was still trading around $20,000. His recent statements form one of the most ambitious price predictions for the cryptocurrency in the coming year.
In two previous posts on X, from October 2022 and last year, PlanB outlined his expectations for Bitcoin. He emphasized the impact of the Bitcoin halving in 2024, which he believes can cause a significant price increase. He is strongly convinced that the effects of the S2F model will fully manifest this year, confirming his price target of about $500,000 for 2025.
Before the fourth quarter of 2024 ended, Bitcoin reached a price of $100,000 and further rose to a new all-time high (ATH) of $108,000. At this moment, Bitcoin is trading around $94,591.42, an increase of 1.16% in the last 24 hours. PlanB has now ticked off the $100,000 as achieved and sticks to his average target of $500,000, while also considering a range of $250,000 to $1 million possible.
While PlanB’s price target seems ambitious for some market observers, it aligns with the predictions of other experts. The general consensus for Bitcoin’s price in 2025 predicts a value between $150,000 and $300,000. A potentially crucial development could be the establishment of a strategic Bitcoin reserve by the US, which could push the price to new heights.
Institutional acceptance remains a key catalyst for the Bitcoin price. MicroStrategy, a company specializing in business intelligence and software, has continued this trend by recently purchasing 2,138 BTC for $209 million, bringing their total holdings to 446,400 BTC.
These developments point to a growing confidence in Bitcoin as a valuable investment, which could support the predictions of PlanB and other analysts.
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