PlanB: Still maintains that Bitcoin will reach $500,000 by 2028
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TL;DR
Analyst PlanB maintains his 2019 prediction that Bitcoin's market cap will grow from $100B to $10T by 2028, with the price reaching $500,000.
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BitcoinHalving TokensLayer 1PlanBMarket CapPrice PredictionHalving Cycle
According to Mars Finance, on November 23, renowned analyst PlanB stated, "My view has remained unchanged since 2019. In 2019, Bitcoin's market capitalization was $100 billion (Bitcoin price approximately $5,000). The chart shows that Bitcoin's market capitalization will grow to $1 trillion (Bitcoin price approximately $50,000) during the 2020-2024 halving cycle. The chart also shows that Bitcoin's market capitalization will reach $10 trillion (Bitcoin price approximately $500,000) by 2028, and this remains my view."