Who is currency circle analyst PlanB? PlanB\'s next Bitcoin price forecast?

Want to understand why the price of Bitcoin has gone up or down? Then you must have heard of the \"inventory flow model\". The proposer of this model is PlanB, a mysterious and well-respected analyst in the crypto circle. Although he never discloses his true identity, he has become a \"price prophet\" in the eyes of countless investors with his keen insight into data. In particular, the Bitcoin S2F model he founded is widely used to predict market conditions. Today I will take you to know this legendary figure and how he used mathematical models to reveal the price logic of Bitcoin.

Who is PlanB?

PlanB is from the Netherlands and has a dual background in law and quantitative finance. He is not only a financial manager, but also helps manage a multi-billion-dollar investment portfolio.

In 2020, his model encountered unprecedented challenges. At one point, Bitcoin plunged to $3,600, and many critics began to question the effectiveness of the S2F model. However, PlanB has always firmly defended the model and actively responded to doubts on social platforms. In the end, Bitcoin\'s price at the end of 2020 was highly consistent with the range predicted by the S2F model, winning him back his reputation.

In the same year, he also released multiple versions of the S2F model, which was extended to price analysis of scarce assets such as gold.

What is PlanB\'s Bitcoin price forecast?

PlanB, a quantitative analyst, updated its price forecast for Bitcoin over the next three years in the latest analysis video. The S2F model he relies on measures the scarcity of bitcoin by dividing its total circulation by the amount of new issuance each year. This model is often used to predict the future prices of scarce assets.

PlanB stated that both versions of his S2F model (standard version and cross-asset version) are still valid and have certain predictive value.

He emphasized that the upcoming Bitcoin \"halving\" event in 2024 is the core driving force for the next bull market. Because halving Bitcoin will reduce the supply of new coins, thereby increasing its scarcity and price.

According to his prediction, the next round of Bitcoin price highs is likely to fall between $100,000 and $1 million.

Coinety-circle god analyst PlanB predicts the BTC price

PlanB, a well-known god analyst in the coin circle, has the latest prediction on the knowledgeable Bitcoin market after major fundamental changes such as Trump\'s election as the US president.

On social platforms on November 9, the anonymous quantitative analyst told fans that his Stock Traffic (S2F) model showed that Bitcoin (BTC) is now ready to start a series of major rallies that could exceed $250,000 in the next few years.

PlanB\'s S2F model predicts the market performance of the relevant asset based on the logic that prices rise as the asset becomes scarcer. Previously, this model was used to forecast the price of traditional commodities.

Historically, PlanB\'s S2F model signaled the start of a strong bull market immediately after Bitcoin halved, when miners \'rewards were halved and printed with a red dot.

\"Bitcoin closed at $70,000 in October, and now, days after the election, it has reached an all-time high of $76,000.

So, basically Bitcoin broke the month-long trading range between $60,000 and $70,000…If history is any guide, if the S2F model is any guide, then we\'ll see prices rise sharply from now on. The red dot will continue…

In short, based on the S2F model, I think the average price of Bitcoin over the next four years will be between $250,000 and $1 million.\"

PlanB also said there have been major bullish catalysts in the United States, including the election of \"very pro-Bitcoin\" Donald Trump as President of the United States.

U.S. Senator Cynthia Lummis wants Trump to support her Bitcoin bill, which calls for building the U.S. national Bitcoin reserve by purchasing one million BTC over five years.

PlanB also said that MicroStrategy founder and executive chairman Michael Saylor\'s \"$42 billion bitcoin purchase plan over the next three years\" may have a huge boost to flagship crypto assets.

Finally, he predicts that spot bitcoin exchange-traded funds (ETFs) will continue to grow.

\"Since Trump was elected president, Bitcoin\'s ETF inflows have been huge and will increase in the future. So there are many reasons why Bitcoin prices have risen significantly from current levels.\"

Summary

\"In my three-year forecast, I believe that the halving in 2024 will occur as scheduled, just as the three previous halving have occurred, which will drive Bitcoin prices up due to increased scarcity.\"-- This is the blueprint for the future of Bitcoin outlined by PlanB.

Although Bitcoin\'s price trend is influenced by many factors, PlanB\'s S2F model remains one of the most controversial but closely watched reference tools in the market.