- Crypto Trader and analyst “PlanB” predicts Bitcoin will hit $55K before the halving.
- The analyst predicted a price target between $50K – $60K in the next four months.
- Bitcoin is expected to hit $532K by 2025, driven by sustained bullish movements.
In a recent video on YouTube, cryptocurrency trader and analyst “PlanB” predicted that Bitcoin would hit $55K by the halving, which is expected to happen sometime around April. The halving which slashes Bitcoin miners’ rewards is seen as a bullish signal, given previous historic rallies.
The analyst said the leading digital asset will rise even further in the next couple of months. On how high it could go, PlanB predicted between $50K–$60K in the next four months.
Furthermore, the analyst predicted that Bitcoin would rise even further post-halving and could hit $100K by year-end. In the long term, PlanB said that Bitcoin’s price rise will be a slow pump to pinch $532K by 2025.
Meanwhile, the analyst pointed out that based on his Stock-to-Flow model, Bitcoin is currently in an accumulation stage. What follows this stage, as per the analyst, is a bullish pump based on the model mentioned above…
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