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PlanB: Still insists that Bitcoin will rise to $500,000 by 2028.
On November 23, well-known analyst PlanB stated, “My view has not changed since 2019. In 2019, the market capitalization of Bitcoin was 100 billion USD (the price of Bitcoin was about 5000 USD). The chart shows that the market capitalization of Bitcoin will rise to 1 trillion USD during the Halving cycle from 2020 to 2024 (the price of Bitcoin will be about 50,000 USD). The chart indicates that by 2028, the market capitalization of Bitcoin will reach 10 trillion USD (the price of Bitcoin will be about 500,000 USD), which is still my view.”