Bitcoin could be on track for a massive long-term rally if one of the most interesting valuation models in the crypto industry is still valid. According to pseudonymous analyst PlanB, the Stock-to-Flow (S2F) model suggests that Bitcoin could average around $500,000 during the current halving cycle between 2024 and 2028.
Here’s When Bitcoin Will Reach $500,000The current Bitcoin price setup is a test of whether the leading cryptocurrency is deeply undervalued at today’s levels or whether the S2F model has finally broken down for good.
