PlanB: Bitcoin bull market remains intact

PlanB, the prominent analyst known for creating the Stock-to-Flow (S2F) Bitcoin price prediction model, has analyzed that the current bull market is ongoing, noting that BTC's monthly Relative Strength Index (RSI) is holding around 70. In a subsequent thread, he added that based on the S2F model, he believes the peak for this BTC cycle will occur after October 2025, possibly extending into 2026. He stated that the model predicts a BTC price of around $500,000 for the 2024-2028 cycle, with a range between $250,000 and $1 million. PlanB also commented that an average BTC price below $250,000 during this cycle would be a poor outcome for the model's accuracy.