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09/25/2024

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PlanB’s Bold Prediction: Bitcoin to Hit $1 Million by 2025

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Renowned crypto analyst PlanB, the creator of the popular Bitcoin stock-to-flow (S2F) model, is stirring up the crypto world once again with a bold prediction for...

PlanB’s Bold Prediction: Bitcoin to Hit $1 Million by 2025

🚀 Stay Ahead with AltcoinDaily.co! 🌐

Renowned crypto analyst PlanB, the creator of the popular Bitcoin stock-to-flow (S2F) model, is stirring up the crypto world once again with a bold prediction for Bitcoin’s price trajectory. In a post on X (formerly Twitter) on September 24, PlanB laid out a scenario where Bitcoin reaches unprecedented heights, potentially surpassing $1 million by the end of 2025.

Growth Tied to U.S. Politics

PlanB’s latest forecast is tied closely to U.S. politics, specifically the outcome of the 2024 presidential election. He suggests that if Donald Trump secures a victory, it could mark the end of what he terms the “war on crypto.” This political shift, according to PlanB, would propel Bitcoin to a fresh all-time high of $100,000 shortly after Trump’s win in November 2024.

The bullish narrative doesn’t end there. PlanB envisions Bitcoin continuing to soar throughout 2025. By January, he expects Bitcoin to reach $200,000 as crypto firms return to the United States, drawn back by a more favorable regulatory environment.

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In April, he predicts Trump will start building a strategic Bitcoin reserve, pushing the price to an astonishing $400,000. Finally, between July and December 2025, a wave of “face-melting FOMO” (fear of missing out) would drive Bitcoin to the $1 million mark, according to the analyst.

Crypto Community Reacts

While PlanB’s forecast has certainly caught attention, reactions have been mixed. Some commenters see it as overly optimistic. One crypto trader, Mr. Moontastic, humorously responded, “If all of this will be true, I will run naked in the streets,” capturing the skepticism many hold toward such an aggressive prediction.

At the same time, other market analysts are focusing on Bitcoin’s short-term potential. On the same day as PlanB’s post, analyst Rekt Capital noted that Bitcoin’s price could soon experience a breakout.

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Rekt Capital explained that Bitcoin has historically made major moves around 154 to 161 days after its halving events, the most recent of which occurred on April 20 this year.

Bitcoin Price Movement

Notably, Bitcoin is currently trading above $64,000 level, up by around 1% in the past 24 hours. Although the cryptocurrency is still 13% below its all-time high of $73,750 set in March 2024, its market cap of $1.26 trillion continues to solidify its dominance in the crypto space.

Whether PlanB’s $1 million vision materializes or not, the road ahead for Bitcoin remains one of intrigue and speculation.

 🔍 Your Crypto News Hub: AltcoinDaily.co! 🌐

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