RATE Group | Bitcoin Will Surge to $100k Within 23 Months; Analyst Updates Post-BTC Halving Predictio…
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Bitcoin Will Surge to $100k Within 23 Months; Analyst Updates Post-BTC Halving Predictio…

10 Feb Bitcoin Will Surge to $100k Within 23 Months; Analyst Updates Post-BTC Halving Predictio…

Posted at 21:25h in Bitcoin News by

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This year kicked off with BTC price gains that recently saw the leading digital asset cross $10,000 once again. However, with Bitcoin dipping below five figures today, some are once again calling for the price to return to below the current yearly lows or perhaps even lower.

Disagreeing entirely is the author of one of the most popularly-cited BTC price prediction models, PlanB. Earlier today, the analyst posted an update to their price prediction for the coming couple of years and it’s anything but bearish.

PlanB: Bulls to Stampede and BTC to Top $100,000 by End of 2021

Thanks to their optimistic model for predicting the price of Bitcoin following the 2020 halving, crypto analyst PlanB has become one of the industry’s most cited figures. PlanB’s March 2019 study, titled “Modeling Bitcoin’s Value with Scarcity”, makes the case for at least a $55,000 post-halving BTC price.

Using yearly data, as NewsBTC recently reported, PlanB arrives at an even more bullish price of…

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