PlanB Says $400K Is Within Reach
By: bitcoin ethereum news|2025/05/12 08:15:12
Bitcoin surged to $104,900 over the weekend, coming within 4% of its all-time high, after Donald Trump announced major progress in U.S.-China trade talks. His upbeat post about a “total reset” with China sparked optimism across markets, boosting investor confidence in BTC. Meanwhile, Bitcoin’s recent V-shaped recovery from $82,000 in late March to over $104,000 today is convincing Crypto analyst PlanB that the bull market is not only intact but gaining steam. Despite some calling it a bear market just weeks ago, the analyst sees Bitcoin’s surge as a continuation of a longer, flatter bull cycle that is just getting started. Bitcoin Bull Run on Cards In his latest video analysis, PlanB refers to his on-chain market cycle model, which showed no signs of a typical end-of-cycle distribution phase back in March. Instead, the data pointed to continued bullish momentum. Drawing from past patterns, he expects Bitcoin to push past its previous all-time high of $110,000 soon, with several new highs likely to follow in succession. Notably, his stock-to-flow (S2F) model predicts that as Bitcoin becomes more scarce, its price rises. Historically, after each halving, a red dot appears on the chart, often signaling the start of a strong bull run. Bitcoin Price Analysis Bitcoin’s RSI is currently at 66, and PlanB predicts it will soar above 80 for several months, a pattern seen in past bull runs. Analyst boldly claims that “we’ll see this happen again, which could drive Bitcoin’s price up to $400,000 in just a few months”. This fits with the stock-to-flow model, which suggests Bitcoin could hit $500,000 per coin by the end of the current halving cycle. The 200-week moving average has risen from $46K to $47K, signaling increased market confidence and possibly the start of the “FOMO phase.” Additionally, realized prices are trending upwards, with short-term realized prices at $92K and the two-year at $77K, indicating most Bitcoin holders are in profit, supporting a strong market. Also Read : Crypto Market Update Today: 12 May 2025-BTC, ETH, PI & More , BTC Price Forecast Moreover, analysts’ forecast suggests that with just a few high-momentum months, Bitcoin could reach $400K, putting it well within striking distance of the stock-to-flow average. He emphasizes that while models can be wrong, they’re often useful, and all indicators now point toward a potentially historic 2025 for Bitcoin. Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. FAQs Bitcoin’s price surged today after positive U.S.-China trade talks, boosting investor confidence in BTC and sparking optimism for continued growth. Analysts predict Bitcoin could hit $400K in a few months, with the current market momentum and stock-to-flow model pointing toward a historic 2025. Source: https://coinpedia.org/news/bitcoin-price-prediction-2025-planb-says-400k-is-within-reach/
Crypto prices today: Bitcoin tops $105K on US-China trade optimism; Altcoins mixedBitcoin Steady at $103K, ETH at $2.5K, MOODENG Surges 100%
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