Is sub-$40k Bitcoin a bargain? Here’s what the analyst says
As the cryptocurrency market anticipates a potential bull market, investors may consider accumulating Bitcoin (BTC) in preparation for it. A eminent analyst in the cryptocurrency industry suggests that the window for Bitcoin investors to increase their holdings below the $40,000 mark is closing. In a recent post on X, the creator of the stock-to-flow BTC price models – PlanB, suggested that the current price levels may not persist for an extended period. “Sorry, I am not in th ‘Picking Up Pennies In Front Of A Steamroller’ game. I expect $100k-$1m bitcoin average in 2024-2028 halving cycle, so at least 3x from here ”, wrote PlanB in the comments of his post. “ Enjoy sub-$40k Bitcoin … while it lasts “ Stocks This healthcare stock could skyrocket anytime Cryptocurrency Former NYSE president reveals when 'money will flood' into crypto Stocks ChatGPT predicts Intel stock price for start ...