PlanB Predicts Bitcoin's Market Cap to Soar to $10 Trillion
CryptoNewsTerminal Staff14 Aug, 2024
PlanB Predicts Bitcoin's Market Cap to Soar to $10 Trillion
PlanB, the renowned Bitcoin analyst, recently shared his bullish outlook for Bitcoin's future. In his view, there is a strong possibility that Bitcoin's market cap will surpass $10 trillion after the next halving event in April 2024. In 2019, PlanB had boldly predicted that Bitcoin's market cap would exceed $1 trillion after the third halving in May 2020, a prediction that came to fruition. This success has further strengthened his conviction, leading him to share his optimism about the potential for Bitcoin to reach even greater heights in the future. PlanB has also made other notable predictions regarding Bitcoin: he estimates an 80% chance that BTC will hit $1 million and anticipates an average price of $500,000 between 2024 and 2028.
