“Bitcoin To $532,000 Then $1 Million, Here’s Why” Plan B Insane 2024 Prediction

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Anonymous On-Chain analyst Plan B is arguably the most famous on-chain Bitcoin analyst.
He is behind the renowned stock 2 flow Bitcoin pricing model & rose to prominence for his spooky accurate Bitcoin price predictions.

In his latest video, Plan B hosted an ‘Ask Me Anything” in which he answered questions such as where he foresees the Bitcoin price going in the next cycle & if he believes we will see Bitcoin fall below $25,000 before the next halving.

Make sure to stick around to the end of the video where Plan B breaks down a scenario that sees the Bitcoin price reach $1 million dollars in the next cycle.

Because of the incredible accuracy of his pricing model, combined with his scary accurate twitter predictions, the analyst Plan B quickly made a name for himself int he cryptocurrency space and rocketed to over a million followers on twitter.

In Plan B’s most recent update, he breaks down some of his latest indicators, which he believes are pointing to a big bull run for Bitcoin. One of these indicators is the Bitcoin Market Stages indicator and is based on a single on-chain variable.

It helps to detect the stage or phase of the market and is not a prediction or valuation like Stock to Flow but right now is predicting you have around 11 months to accumulate before the Bitcoin bull run- really kicks into gear.

According to Plan B, the market moves in cycles, and each cycle has four stages: early bull market, late bull market, early bear market, and late bear market.

With the help of this new chart, traders can better understand their emotions and psychology, which play a significant role in trading. Make sure to stick around to the end of the video where Plan B speaks on his predictions for the Bitcoin price before the halving in just under a year.

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“Bitcoin To $532,000 Then $1 Million, Here’s Why” Plan B Insane 2024 Prediction

Can you provide more detail regarding your 532k bull market Target from your last video well first of all that was not a bull case that is the so flow uh model value for the average bitcoin price in the 2024 halfing cycle so in the four years after 2024 but basically

What you do is you do a linear regression of the um stock to flow ratio of Bitcoin monthly uh is what I did so the stock to flow ratio to the price and the parameters of that regression are uh the model the the function of that regression is the model

So if you plug in the stock to flow ratio of a um uh after the 2024 halfing which is 110 then you’ll get this 532k number uh the function is .4 * the stock to flow ratio to the power 3 so that would be4 * stock to

Flow ratio of 110 to the power 3 gives you the 532 K Anonymous onchain analyst Plan B is arguably the most famous onchain Bitcoin analyst he’s behind the renowned stock to flow Bitcoin pricing model and Rose to prominence for his spooky accurate bitcoin price predictions in

His latest video Plan B hosted and ask me anything in which he answered questions such as where he foresees the Bitcoin price going in the next cycle and if he believes we will see Bitcoin fall below $25,000 before the harving make sure to stick around to the end of

The video where Plan B breaks down a scenario that sees the Bitcoin price reach $1 million in the next cycle also guys if you want to stay most up to date on the crypto and Bitcoin World make sure to subscribe to my daily 5-minute crypto newsletter it gives the latest

Expert predictions any breaking news and top onchain analysis all in a nutshell click the first link in the description to join over 30,000 others in becoming a better crypto invester right now now he’s Plan B with his Bitcoin insights Bitcoin adoption according to the scurve means that we’re going from the early

Adopter phase to the early majority phase at some point and Bitcoin prize Discovery could get very explosive do you see this happening in the upcoming years and if yes does it fit within the stock to flow model well great question um and I did a lot of analysis on S curves and adoption

Curves before I did talk to flow and uh time models uh first of all I don’t think we’re an early adoption uh phase right now early adoption is here and um I think we’re in innovator phase yet and the switch point is 3 and a half% uh adoption so I think think we’re

Below 3 and a half% adoption and still in innovator uh space and the gump from early adopter to early majority is 13.5% so that’s that’s a long way to go still but then to the second Point uh will price Discovery get very explosive and Arthur is referring to this vertical

Part of the adoption curve um I don’t think price will ever get explosive because this is a very linear way of of thinking about adoption and and looking at the adoption curve if you look at this S curve which is a logistic function if you look at it from

On a lock scale or or um to the rate of change instead of the the actual level of the S curve so if you look at it at a at a lock scale you’ll see the r change is constant and and and exponential until this 50% somewhere in the early majority

Phase and then it levels off uh so I think that we’ll have uh exponential growth as as exactly as we have seen in the last 10 plus year um for for for for the years to come until we reach that 50% adoption uh um point after which it will level off and yeah

50% adoption we’re now at let’s say 3 and half at the at the jump between innovators uh to to early adapters that will take at least a couple of years maybe one or two halfings uh and this by the way is also why I think that diminishing returns are

Not yet here uh it looks like like diminishing returns from the data but I can’t possibly imagine diminishing returns until 50% adoption and uh until we reach 50% adoption I think there will be exponential growth um following the the stock tolow curve for example what are your thoughts on a possible Bitcoin

All-time high before the halfing so yeah interesting question uh the halfing is in April uh 2024 so that’s that’s 4 months from now a possible all-time high would be 69,000 that would be we’re now it’s let’s see 42 so that’s that’s a 50 plus% increase in the next four months yeah I think

It’s very well possible um in fact um if the ETF gets uh approved before the halfing and I think everybody’s looking at January for that if the ETF gets approved by January then I think we’ll have this alltime High uh in the pocket uh and 69 would be a

Low um uh estimate I think we’ll we’ll we go straight to 100,000 um which is a number that for example Adam Beck has already mentioned as well so yeah I think it’s very well possible well the answer is yes I think this St to flow model is still

Um very valid uh we undershot this cycle as you know everybody including me was hoping for 100k uh the average that the model gave was 55 we’re below that we’re at 32 average 32,000 Bitcoin right now so we’re below the model line but then again in the last Cycles or the Cycles

Before that we were above the line in the bull market of 2017 were’re above the model line in the bull market of 2013 we were far above the stock FL model line model wasn’t broken then it just re referred back to the to the to

The mean to the model line and I think that that will happen again so yeah I think we will break that uh 55k stock to flow model value maybe in the next four months before the halfing indeed if the ETF is approved or otherwise we’ll uh we’ll we’ll focus on

On the struct flow model value of 532k half a million uh after April 2024 halfing and by the way that’s a average right average for the whole halfing cycle so for the next four years um so yeah Fiat is collapsing but it’s not collapsing in a big bang it

Will be gradual it will be uh smooth it it might be exponential but hey that’s what we saw in the price of Bitcoin last 10 years it was an exponential growth I think that will continue as I said before until around 50% uh Adoption next question question from metap Punk can you provide more detail regarding your 532k bull market Target from your last video well first of all that was not a bull case that is the so to flow uh model value for the average Bitcoin price in the 2024 halfing cycle so in

The four years after 2024 but basically what you do is you do a linear regression of the um stock to flow ratio of Bitcoin monthly uh is what I did so the stock to flow ratio to the price and the parameters of that regression are uh the model the the

Function of that regression is the model so if you plug in the stock to flow ratio of a um uh after the 2024 halfing which is 110 then you’ll get this 532k number uh the function is4 * the stock to flow ratio to the power 3 so that would be4 * stock to

Flow ratio of 110 to the^ 3 gives you the 532k is Bitcoin going sub 25k in the next 6 months before the bull market starts I don’t think so I mean it could happen if we see a Black Swan something that we we do not expect uh like Co you

Know last halfing in 2020 we had the covid crisis hit two months before and that was a big Black Swan we can have that but I yeah I don’t see one at the horizon at the moment I don’t think it will be there and I think Bitcoin is

Perfectly on track uh for the next bull bull market without a prior crash to uh 25k levels in fact I have said it would surprise me if we would ever go below 35k again again Bitcoin reach 100 million per Bitcoin asks Hardy what well I think

It can um in the next four years so in the next halfing cycle the 1 million dollars per Bitcoin is the upper boundary that the one the plus one standard deviation boundary of the stock to flow model and uh normally the stock to flow model boundaries the standard deviation

Boundaries um well the the price will hit the upper and the lower bounds so yeah I would be uh not surprised if we see that if it’s if it’s undercut if the if the model is undercut again like in lasty uh last cycle we might hit the if

It would be similar we might hit the half a million model line and then bounce between that and the the one standard Aviation Zone which would be 250ish uh K so y it’s possible correction Before Christmas nah I don’t think so we’re now 2 weeks before Christmas uh Wall Street is close

Right effectively everybody is uh out for partying skiing Etc we’ll um we’ll pick it up in uh in January I don’t see a correction Before Christmas honestly so there’s onchain analyst’s Plan B on bitcoin’s potential trajectory his perspective on the Bitcoin Market especially the scenario where Bitcoin

Could hit hit the $1 million Mark in the next cycle is certainly something to think about as we navigate the ever evolving world of cryptocurrency remember the crypto Market is dynamic and full of surprises so staying informed is key if you haven’t already consider subscribing to my daily 5minute

Crypto newsletter it’s a quick and efficient way to stay ahead of the curve offering expert predictions breaking news and top-notch onchain Analysis join over 30,000 others who are sharpening their crypto investment strategies daily anyway guys hope today’s video provided you with some value I’ll see you all in

The next one and as always all the best