That’s a bold call, given that 60% of market participants think the world’s largest cryptocurrency won’t hit that mark in just one and a half years.
The stock-to-flow setup gives a wide range—from $250,000 at the low end to $1 million at the high end—but PlanB believes the center of that range is where Bitcoin is headed. His view flips the script on most forecasts today.
The analyst is also keeping an eye on Bitcoin’s realized price. This metric looks at the price at which recent cohorts of coins last moved on-chain, then divides by the total supply.
Since the current market price of $114,150—up 1% on the day—sits above every major cohort band, PlanB sees a classic bull-market pattern with no bear-market warning signs in sight.
According to market watchers, Anthony Scaramucci expects Bitcoin to top $170,000 within the next year. US President Donald Trump has not weighed in on crypto recently.
Cathie Wood has her sights on $1 million per coin over the next five years. Digital Coin Price forecasts a swing to about $119,860 by mid-August 2025, then longer-term gains into the $210,000–$230,000 range during 2025.
Based on analysis, investors should remember that models are tools, not guarantees. PlanB’s $300,000 call sits at the optimistic end of the spectrum. Others see more modest moves, while some have even larger long-term hopes.
Whether Bitcoin follows its past cycles or breaks new ground, it’s clear the debate over its next big run is only getting started.
Featured image from Meta, chart from TradingView