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PlanB: Bitcoin to $100,000 by Dec 31, 2024

PlanB's prediction that Bitcoin would reach $100,000 by December 31, 2024 came true. Bitcoin closed at $101,175 on December 8, 2024, the first close at or above the target. PlanB made the call on The Daily Hodl on January 2, 2024, when Bitcoin was at $44,221. The target needed a 126% rise in one year.

Updated

What was said

PlanB

Pseudonymous bitcoin analyst; author of the bitcoin stock-to-flow model

The Daily Hodl, Jan 2, 2024SourceArchive

7 predictions · 2 hit · 4 missed · 1 open

My forward guidance for 2024 has not changed from Oct 6, 2022 when Bitcoin was 20k (see below): – rise into April 2024 halving – halving around S2F model value 55k (range 30k-100k) – pump after halving – we will hit 100k in 2024

PlanB said his forward guidance for 2024 was unchanged since October 2022 and was based on his stock-to-flow (S2F) model. He expected bitcoin to rise into the April 2024 halving, to be around the S2F model value of 55k at the halving, and to pump after it. In a separate post he said bitcoin was ready for ETFs and the halving in 2024.

How we checked this

HitDeadline

Price when said
$44,221 closeprice data
Target
$100,000+126%
First close at target
$101,175price data

The prediction comes true if any daily close from Jan 2, 2024 to Dec 31, 2024, inclusive, is at or above $100,000. Prices are daily closes in UTC, not intraday highs.

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