According to Mars Finance, on November 23, renowned analyst PlanB stated, "My view has remained unchanged since 2019. In 2019, Bitcoin's market capitalization was $100 billion (Bitcoin price approximately $5,000). The chart shows that Bitcoin's market capitalization will grow to $1 trillion (Bitcoin price approximately $50,000) during the 2020-2024 halving cycle. The chart also shows that Bitcoin's market capitalization will reach $10 trillion (Bitcoin price approximately $500,000) by 2028, and this remains my view."
PlanB: Still maintains that Bitcoin will reach $500,000 by 2028
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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