Bitcoin’s Four-Year Cycle Under Scrutiny by PlanB
- PlanB, creator of the stock-to-flow model, suggests that relying on past Bitcoin halvings for future predictions is risky.
- The next Bitcoin peak could occur in any year from 2026 to 2028, deviating from the traditional cycle.
- Some believe $126,000 was Bitcoin’s peak and expect it to fall below $100,000 soon, which PlanB disputes as a misunderstanding.
- Recent market activity shows Bitcoin briefly dipped below $103,000 but stabilized around $108,038.
- PlanB has not identified a clear “phase transition” for Bitcoin, indicating potential for either institutional growth or steady price regimes.
PlanB emphasizes caution in using historical data from only three cycles to predict Bitcoin’s future peaks and cycles. The market dynamics have shifted with less paper-driven liquidity and more spot buying influencing prices.
Despite recent volatility and differing opinions on Bitcoin’s price trajectory, PlanB argues that the four-year cycle should not be solely relied upon for predictions. (Source)
