With the next Bitcoin halving now only 351 days away, PlanB creator of the BTC stock-to-flow model updated his price forecast for the king crypto (Bitcoin), predicting BTC to skyrocket to $532K after the 2024 halving.
"My Jan 12 prediction is in line with S2F model:
1) ~$32K is S2F 1 standard deviation band
2) ~$60K is S2F model value and just before halvings (dark blue) BTC seems to hit S2F model values
3) $100K is the bottom of my 100K-1M range around $532K S2F model value after 2024 halving"
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