Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

1,000% for Bitcoin! New price forecast from PlanB is causing a stir – when will BTC explode now?

3 min read

Bitcoin Spot ETFs have been approved, and crypto guru PlanB, probably the best-known BTC analyst in the industry, is back with a new price forecast. It’s quite something, BTC price should increase by 1,000%. Should you still buy Bitcoin now?

Where will Bitcoin be in 5 years?

The crypto industry currently only knows one topic, investors and analysts are in raptures: The US Securities and Exchange Commission (SEC) has approved eleven BTC ETFs and will allow US investors to invest in the BTC ETF of their choice from 3:30 p.m. German time. Top trader Michael van de Poppe writes to his more than 969,000 followers on Twitter (now X):

US journalist and BTC advocate Max Keizer even predicts a massive capital rotation from gold ETFs towards Bitcoin ETFs:

In fact, many investors are currently looking at the launch of Bitcoin ETFs and asking themselves: What does this development mean for the BTC price? How much capital flowing into Bitcoin ETFs could impact the price of the cryptocurrency?

1,000% for Bitcoin! New price forecast from PlanB is causing a stir - when will BTC explode now?
Bitcoin (BTC) is (still) unimpressed by the starting signal for the Bitcoin ETFs. Image:

Estimates vary widely, but they all have one thing in common: it starts at $100,000 per BTC. Standard Chartered Bank, for example, expects a capital inflow of up to $100 billion for Bitcoin ETFs in 2024 alone, which could drive the BTC price up to $200,000. BTC expert Samson Mow comments: The price forecast is set too low. A much more bullish one comes from crypto guru PlanB.

Bitcoin forecast PlanB 2024: $100k – just the beginning!

The Dutchman is still considered the best-known BTC analyst of all, with more than 1.9 million people following him on Twitter. He is now writing to them in a current Bitcoin forecast about how high he thinks BTC can rise. His Bitcoin prediction for 2024:

I expect $55k bitcoin at halving, $100k in 2024, $532k in 2025

From the current BTC price of $46,000 to up to $532,000 – that corresponds to a sensational return of 1,056%! The forecast is not even one of the overly optimistic predictions – they see BTC at at least a million dollars, serious calculations even consider 5 to 10 million dollars to be possible.

Bitcoin: Forecast sees price at $10 million

Bitcoin influencer Vivek, for example, quotes BTC legend Hal Finney:

In short: Everything seems possible again for BTC. Many forecasts currently expect a success story with a parabolic price trend.


All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.