Bitcoin to Reach $500,000 to $1 Million in Current Halving Cycle, PlanB Predicts

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Popular on-chain analyst PlanB , the creator of the well-known Stock-to-Flow (S2F) mathematical model, has issued a major forecast: during the current halving cycle, Bitcoin could still rise to a range between $250,000 and $1 million, with an average target of around $500,000. Advertisement Despite the current market cooldown, the expert is urging investors to remain patient and not confuse temporary pullbacks with the end of the cycle. PlanB's main argument is Bitcoin's strict mathematical cyclicality, which is tied to halvings. Slightly more than half of the period has passed since the latest halving in April 2024, while 639 days — almost two years — remain until the end of the current epoch. HOT Stories Legendary Trader Spots Possible Bitcoin Bottom Pattern Bitcoin (BTC), Ethereum (ETH), XRP and Zcash (ZEC) Price Analysis for July 16: Rapid Injection of Volume Bitcoin price outlook with Moving Average, Stock-to-Flow, and RSI attached, Source: PlanB via X According to the analyst, the previously recorded local high of $126,000 was not the peak of this four-year period. The real climb toward the S2F model's target levels should unfold between 2026 and 2028. At the same time, the model does not predict exact peaks or local bottoms. It points to a fundamental average price level that inevitably rises because of the asset's scarcity. Advertisement The "Maximum Pain" scenario PlanB takes a realistic view of the current risks and openly acknowledges that Bitcoin could set a new local low in the near term. Historically, during every bear market, the price has fallen below the so-called realized price — the average acquisition cost of all coins in the market — which currently stands at $53,000. You Might Also Like Thu, 07/16/2026 - 06:32 Legendary Trader Spots Possible Bitcoin Bottom Pattern By Alex Dovbnya However, Bitcoin often begins a new phase of growth amid widespread disappointment and capitulation among retail investors. If the market becomes convinced that a prolonged depression is underway, a rapid price surge toward the $500,000–$1 million range would inflict what the industry calls "maximum pain" on skeptics and short sellers. Advertisement The bottom line is that the analyst is sending the market a clear signal: the long-term trend has not been broken, and the main supply shortage is still ahead. His final advice can be summed up in one word: "Patience." #Bitcoin #Bitcoin Price Prediction