Popular analyst PlanB is sharing bold predictions for Bitcoin’s future, including a forecast that BTC could reach $1 million by the end of 2025. The forecast includes sharp price fluctuations, with BTC rising to $70,000 in October 2024 and reaching $1,000,000 by December 2025. Key factors influencing this forecast include political events, massive ETF investments, and Bitcoin’s legalization in several countries. However, after reaching its peak, BTC is expected to fall back to $200,000 by 2027.

Here is the breakdown of PlanB’s forecast:

October 2024: Classic month of growth. BTC – $70,000.
November: Trump wins the elections, ending the war between Democrats and cryptocurrencies. BTC – $100,000.
December: Massive inflow of funds into ETFs. BTC – $150,000.
January 2025: Crypto companies return to the U.S. BTC – $200,000.
February: Supporters of the Power Law model sell off. BTC – $150,000.
March: Bitcoin becomes legal tender in Bhutan, Argentina, and Dubai. BTC – $300,000.
April: U.S. creates a strategic BTC reserve. BTC – $400,000.
May: Other countries (except the EU) join the Bitcoin race. BTC – $500,000.
June: Several AIs begin using Bitcoin for arbitrage. BTC – $600,000.
July-December: FOMO and new all-time high (ATH). BTC reaches $1 million.
2026: Distribution phase. BTC drops to $500,000.
2027: Bear market. BTC – $200,000.

PlanB predicts a dramatic rise followed by a correction, with Bitcoin ultimately stabilizing at $200,000 by 2027 after hitting a $1 million peak in 2025.