Crypto Expert PlanB Predicts Bitcoin's Price Surge After Miner Revenue Recovery
According to a well-known crypto trading expert, the recent slowdown in cryptocurrency gains, including Bitcoin, may soon change as Bitcoin miner revenue recovers. Historical trends show that Bitcoin miner revenue tends to recover two to five months after the halving, and after that, the price of Bitcoin "goes vertical." The creator of the stock-to-flow model, PlanB, predicts that Bitcoin's price will hit $100,000 in the second half of 2024, with the market peak expected in 2025. However, it is important to do one's own research when investing in the crypto industry as the situation can sometimes take a surprising turn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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