PlanB’s Bitcoin Price Roadmap To $1,000,000 Starts Playing Out, Here’s The Rest Of The Prediction

Share This Post

The crypto industry has been riddled with intense activity in the past few weeks, coinciding with a run before and after the US elections. Much of the activity has been centered on the Bitcoin price, although spilling over into other cryptocurrencies

The Bitcoin price first broke above $70,000 in late October just as the US election campaigns drew to a close, which ultimately resulted in Donald Trump being elected as the next president in November.

Interestingly, these events and their timelines were predicted on social media platform X by a popular crypto analyst. Particularly, these predictions were the first two in a longer outlook of the Bitcoin price reaching $1 million.

PlanB’s Bitcoin Price Prediction Timeline

According to a social media post in September by crypto analyst Plan B, these predictions were merely the beginning of a more extensive roadmap that could ultimately lead to Bitcoin reaching $1 million in 2025.

PlanB’s vision for Bitcoin’s price trajectory is an ambitious roadmap that began with the October surge to $70,000. Next, he predicted Donald Trump’s election victory in November, which would eventually end the Biden/Harris/Warren/Gensler war on crypto and set the stage for the Bitcoin price to reach $100,000 before December. After this, PlanB anticipates a massive wave of capital from new Bitcoin exchange-traded funds (ETFs) to drive the Bitcoin price up to $150,000 by the end of December 2024. 

By January 2025, he foresees a resurgence of crypto companies back to the US, which would push the price further to $200,000. However, he suggested that some early investors may cash out in February 2025, which would cause a brief dip back to $150,000. March 2025 will arrive with another upswing to $300,000 as Bitcoin becomes legal tender in countries like Bhutan, Argentina, and Dubai.

April 2025 will see the United States begin accumulating Bitcoin as a strategic reserve under Trump’s administration, which would drive the Bitcoin price to $400,000. The ripple effect of this move is expected to continue into May 2025 as many other countries start to follow in the footsteps of the US. This, in turn, would drive Bitcoin up to $500,000 in May 2025. 

The analyst envisions AI-powered trading algorithms to start using Bitcoin in arbitrage trading in traditional finance, which would cause a surge to $600,000 in June 2025. Notably, PlanB expects a crazy FOMO (fear of missing out) phase to kick in after this, with a relentless wave of buying between July and December 2025 that would cause the Bitcoin price to peak above  $1,000,000. 

However, he projects that this peak will lead to a distribution phase in 2026, resulting in Bitcoin pulling back to around $500,000. The roadmap then forecasts a bear market by 2027, with the Bitcoin price eventually finding a bottom near $200,000.

Current State Of BTC

At the time of writing, Bitcoin is trading at $75,120, having recently reached a new all-time high of $76,243 in the past 24 hours. However, this might not stand for long, as current momentum suggests the Bitcoin price reaching $80,000 very soon.

Bitcoin price chart from Tradingview.com

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform

JPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending Elon Musk’s DOGE Sparks Debate as JPMorgan

XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here

The XRP price recently surged to a three-year high of $16, marking a significant milestone in the cryptocurrency’s recent bullish rally This remarkable price movement has garnered the attention

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

In the past week, the crypto market has been buzzing with action, with bitcoin smashing its way to a new all-time high of $99,800 per coin on Thursday Data reveals an intriguing dynamic during this

XRP Analyst Sets $2 Target If It Holds Key Level – Can It Reach Multi-Year Highs?

XRP has emerged as a standout leader in the recent crypto rally, delivering massive gains and fueling optimism among investors The price has skyrocketed by an astonishing 225% in under three weeks,

Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week In this issue, Max Keiser floats an idea to allow El Salvador to acquire

XRP Below $1? Not Happening, Claims Millionaire Analyst

Ripple’s XRP has traded below the $1 level for nearly three years, affected primarily by the cases filed by the US Securities and Exchange Commission (SEC) Even during the mini bull run immediately