Bull market sentiment is gaining momentum as TurkishNY Radio reports that Plan B, a well-known anonymous Bitcoin analyst, has declared the beginning of a new bull market. Plan B, famous for his “stock-to-flow” (S2F) Bitcoin price model, predicts that Bitcoin could reach $100,000 in 2024. He shared this bold forecast with his 1.9 million followers on X, emphasizing that the market has started earlier than many anticipated.
This prediction has generated considerable interest among crypto enthusiasts and market observers.
The prospect of Bitcoin reaching such a significant milestone has sparked widespread discussion across the community, with many eagerly watching to see if Plan B’s forecast will come to fruition.
Bull Market Takes Off Earlier Than Expected
The market is in full swing, according to Plan B, who believes that Bitcoin’s market has entered this phase ahead of schedule. Speaking to his followers on X, Plan B explained,
“The issue with the current bitcoin market IMO: it went into bull market too early. Normally, halvings (every 210,000 blocks) are in accumulation phase, but the 2024 halving (block 840,000) is in bull market phase. So we have been front-running, but the market was not ready to go up yet.”
Despite this early start, Plan B remains confident that Bitcoin will still reach $100,000 in 2024, a prediction that has captured the attention of the crypto community.
TurkishNY Radio has pointed out that the early onset of this market has sparked a wave of speculation and analysis among experts. Many are questioning whether the early arrival of these bullish conditions might result in an even higher peak for Bitcoin in the years to come. The unexpected timing has led to a mix of excitement and cautious optimism, as analysts consider the possible outcomes of this earlier-than-expected market shift.
Plan B’s strong confidence in his stock-to-flow model supports the belief that the market still has significant growth potential, despite entering the bull market phase ahead of schedule. His consistent stance suggests that the early start doesn’t necessarily mean a shorter bull run, but rather that there could be more room for Bitcoin to rise, potentially reaching new heights in the near future.
Bull Market: $100K in 2024, $500K in 2025
As the bull market gains momentum, Plan B has doubled down on his predictions for Bitcoin’s future. In response to a question about whether his prediction for an average price of $532,000 in October and November 2025 still held water, the S2F creator didn’t waver. He stated,
“Yes, I still expect [greater than $100,000] in 2024 and [greater than $500,000] in 2025.”
These predictions reflect Plan B’s continued confidence in the stock-to-flow model, despite the unusual market conditions.
Plan B’s forecasts have been a topic of much debate within the crypto community, and TurkishNY Radio reports that many are eager to see if these projections will come to pass. With the market starting early, there is a growing anticipation that Bitcoin could surpass its previous all-time highs and reach new levels of value.
Bull Market’s Future Holds Unprecedented Opportunities
As the bull market continues, TurkishNY Radio is actively covering these key developments, keeping the crypto community informed. With Bitcoin’s price potentially reaching $100,000 in 2024, as predicted by Plan B, there is a growing anticipation among investors. Plan B’s strong belief in the stock-to-flow model, along with his prediction that Bitcoin could hit $500,000 by 2025, has only fueled this excitement further.
Despite the market starting earlier than expected, Plan B remains confident in his positive outlook for Bitcoin’s future. His unwavering stance has drawn significant attention, and many are closely monitoring the market to see if his predictions will come true.
