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Analyst PlanB reiterates prediction: Bitcoin to reach $500,000 in 2028
[Crypto World] Crypto analyst PlanB recently reiterated his long-standing Bitcoin price model on social media.
This guy has been bullish since 2019, when BTC’s market cap was just over $10 billion and the price hovered around $5,000. At that time, he predicted that the 2020-2024 halving cycle would push the market cap to the $1 trillion level—which corresponds to a price of $50,000. Looking back now, that prediction was pretty accurate.
Even more aggressive is his view on the next cycle: by 2028, Bitcoin’s market cap will reach $10 trillion. By that calculation, the price per coin would be heading toward $500,000.
Tenfold growth in five years. That’s a bold prediction, but PlanB says he’s never wavered in his view. Whether the market believes it or not, time will tell.