Following the Federal Reserve’s recent 50 basis point rate cut, Bitcoin has managed to stay above the $60,000 mark. While analysts expect BTC to continue rising, popular analyst PlanB, known for his Stock-to-Flow (S2F) model, has shared his month-by-month predictions for Bitcoin’s price.
October 2024: The Start of the Surge
On his X account, PlanB revealed that he expects Bitcoin to reach $70,000 by October 2024, traditionally a strong month for BTC. His long-term forecast stretches into 2026 and 2027, with some very ambitious price targets.
However, PlanB stressed that these predictions are just one scenario, and he outlined the reasons behind his expectations:
PlanB Month-by-Month Bitcoin Price Predictions:
- October 2024: “Classic pump month, BTC reaches $70,000.”
- November 2024: “Donald Trump wins the U.S. presidential election, BTC hits $100,000.”
- December 2024: “Massive inflows into spot Bitcoin ETFs, BTC at $150,000.”
- January 2025: “U.S. crypto market is exempt from regulation, allowing firms and individuals to return. BTC surges to $200,000.”
- February 2025: “Power Law team sells, BTC drops to $150,000.”
- March 2025: “Bhutan, Argentina, and Dubai add Bitcoin as legal tender, pushing BTC to $300,000.”
- April 2025: “Donald Trump/USA starts building strategic BTC reserves, BTC hits $400,000.”
- May 2025: “Non-EU countries follow the U.S. in creating strategic Bitcoin reserves, BTC climbs to $500,000.”
- June 2025: “A few AI systems begin using Bitcoin for autonomous arbitrage trading, driving BTC to $600,000.”
- July-December 2025: “Massive FOMO, BTC reaches its all-time high of $1 million.”
- 2026: “Distribution phase, BTC retraces to $500,000.”
- 2027: “Bear market, BTC bottoms at $200,000.”
Just a scenario:
– Oct: classic pump month. BTC 70k
– Nov: Trump wins election, ends democrats Biden/Harris/Warren/Gensler war on crypto. BTC 100k
– Dec: massive ETF inflow. BTC 150k
– Jan: crypto people/companies return to US. BTC 200k
– Feb: Power Law crew sells. BTC 150k
-… pic.twitter.com/CbJLTi07Ob— PlanB (@100trillionUSD) September 24, 2024
A Remarkable Path to $1 Million
PlanB’s bold predictions chart a remarkable course for Bitcoin over the next several years, culminating in a potential all-time high of $1 million by late 2025. Following this explosive growth, he anticipates a correction in 2026 and a bear market in 2027, with Bitcoin bottoming out at $200,000.
