PlanB: BTC's $126K was not the cycle top, $500K possible

Well-known Bitcoin market analyst PlanB has projected that BTC's peak of $126,000 last October was not the high for the current cycle and that the cryptocurrency could potentially reach as high as $500,000. He noted that while the possibility of BTC falling below its Realized Price of $53,000 still exists, a pattern seen at every past bear market bottom, he does not believe $126,000 was the cycle's peak. Applying the widely used Stock-to-Flow (S2F) model, PlanB suggested that BTC could rise to $500,000 during the 2026–2028 cycle, with an estimated range between $250,000 and $1 million.