Is Bitcoin hitting $100k in 2024? The buzz is growing louder, fueled by new year rallies and predictions from prominent analysts. Renowned on-chain analyst PlanB confidently predicts that Bitcoin is on course to exceed the six-figure mark by 2025. With a substantial following of 1.9 million on X, formerly Twitter, his projections carry significant weight within the crypto community.

The stock-to-flow analyst Plan B remains steadfast, confidently asserting that bitcoin's price will surpass $500,000 in 2025. While some consider this target highly ambitious, PlanB's model continues to influence Bitcoin price expectations. Are we seeing the initial stages of a bull run that will ultimately validate his prediction?

Amid the positive commencement of the year, well-known on-chain analyst PlanB expresses assurance that Bitcoin is on track to surpass the six-figure mark in 2025. With a substantial amount of institutional investment flowing into Bitcoin ETFs, and the upcoming Bitcoin halving event in 2024, the stage appears to be set for significant price appreciation.

This confluence of factors – new year rallies, institutional adoption, the halving, and PlanB's continued bullish stance – is driving speculation and excitement about Bitcoin's potential performance in 2024 and beyond. While the $100k target remains speculative, the current market dynamics suggest that Bitcoin could be poised for substantial gains.

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