PlanB: Bitcoin may be severely undervalued, and the S2F model still predicts this cycle could reach $500,000

Mars Finance News: Crypto analyst PlanB posted on X stating that Bitcoin’s current price remains in the $67,000 range, but the S2F model still predicts a cycle reaching $500,000 from 2024 to 2028. If the model’s prediction is accurate, it means Bitcoin’s current price is severely undervalued and could be a potential long-term buying opportunity. However, the market is also debating whether the model has become invalid. PlanB also asked the community, “Will Bitcoin’s future trend be bullish or bearish?”

BTC0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin