‘Enjoy sub-$40K Bitcoin’ — PlanB stresses $100K average BTC price from 2024
The creator of the stock-to-flow model suggests that Bitcoin is currently in its "pre-bull market" phase, indicating that the days of BTC trading at its current levels are limited.
investograph 
According to PlanB, the creator of the stock-to-flow family of BTC price models, Bitcoin buyers should seize the opportunity to add to their stack below $40,000. In a post on X (formerly Twitter), PlanB suggested that current levels may not be around for long. Using realized price data to support the bullish case, PlanB emphasized that Bitcoin is poised to go much higher than its recent 18-month highs. Realized price, which is Bitcoin's realized cap divided by the current supply, currently sits just below $21,000. PlanB highlighted that Bitcoin is now above all three realized price iterations and advised to "enjoy sub-$40k bitcoin... while it lasts." When asked about the possibility of lower levels, PlanB refrained from making predictions but expressed expectations of an average BTC price of at least $100,000 between 2024 and 2028, encompassing Bitcoin's next halving cycle. Despite past criticism of the stock-to-flow model, predictions for six figures in the next cycle are becoming more common, with $130,000 as a focus for the end of 2025. The upcoming halving in April 2024 is anticipated to lead to a return to around $46,000, according to further analysis. Earlier this month, PlanB described Bitcoin as being in a "pre-bull market" phase, with the actual launch yet to come.
