PlanB: Bitcoin may be significantly undervalued, S2F model still predicts this cycle could reach $500,000
ChainCatcher reported that crypto analyst PlanB posted on X, stating that the current bitcoin price remains in the $67,000 range, but the S2F model still predicts that the 2024-2028 cycle could reach $500,000. If the model is accurate, this would mean that bitcoin is currently severely undervalued and could represent a potential long-term buying opportunity. However, the market is also debating whether this model has become invalid. PlanB also asked the community, "Will bitcoin's future trend be bullish or collapse?"
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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