In April 2024, my medium-term price target for Bitcoin is >$600,000 by November 2025.
The logic behind this is that, following PlanB’s Stock to Flow (S2F) chart, this price pattern would mirror the 4-yearly patterns from November 2013 and December 2017. It would also give a nod to the November 2021 peak, which was suppressed. (However, the Nov 2021 peak still hit the S2F line.)
If logic is followed: we will exceed $600k in November 2025. If not, not. We’ll see in due course.
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