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April

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<div class="finbold">
 <p class="paragraph">Not long after Bitcoin (BTC) made an impressive rally that culminated with a new all-time high (ATH), a renowned cryptocurrency analyst has predicted more record-breaking peaks for the flagship decentralized finance (DeFi) asset that might catch many traders unawares.</p>
 <p class="paragraph">As it happens, Bitcoin could make a sudden upward turn at any moment, without any specific trigger, ending up at $100,000, after which it might soar beyond $200,000, having “transitioned to the next phase,” as pseudonymous crypto market analyst <em>PlanB</em> stated in his X post published on April 9.</p>
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    <p lang="en" dir="ltr">One day, you wake up and see bitcoin at <a rel="noopener noreferrer nofollow" title="$100k" href="https://thebittimes.com/tag/100k.html">$100k</a>, without any important news or event. Then <a rel="noopener noreferrer nofollow" title="$200k" href="https://thebittimes.com/tag/200k.html">$200k</a> and more. Some will say it's a bubble, others realize bitcoin transitioned to the next phase. https://t.co/Wu5KMxlDYU pic.twitter.com/YEfH4RTB69</p>— PlanB (@100trillionUSD) April 8, 2024
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 <h2 class="wp-block-heading" id="h-bitcoin-price-prediction">Bitcoin price prediction</h2>
 <p class="paragraph">At the same time, the crypto trading expert attached his X post from October 2022, in which he forecasted that Bitcoin would soar to $21,000 “without any important news or event,” after which $24,000 would be the next target, and then it would end up at $30,000 – all of which had, indeed, happened.</p>
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <p class="paragraph">As a reminder, <em>PlanB </em>has recently pointed out that the maiden crypto asset had a new ATH before a halving for the first time ever, projecting it would inevitably hit $100,000 in 2024 and that its next top could be above $500,000 in 2025, perhaps even reaching a whopping $1 million.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-price-analysis">Bitcoin price analysis</h2>
 <p class="paragraph">Meanwhile, Bitcoin was at press time changing hands at the price of $70,740, recording a decline of 2.48% in the last 24 hours while advancing 7.98% across the previous seven days, and accumulating a gain of 1.16% on its monthly chart, according to the most recent data retrieved on April 9.</p>
 <figure class="wp-block-image"><img decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/04/09/a25148ef2b731a48b7784c6bbeb27289.webp" alt="Bitcoin price 7-day chart" class="wp-image-167502" srcset="https://cdn.thebittimes.com/images/2024/04/09/a25148ef2b731a48b7784c6bbeb27289.webp 750w, https://cdn.thebittimes.com/images/2024/04/09/a25148ef2b731a48b7784c6bbeb27289.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Bitcoin price 7-day chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">All things considered, Bitcoin’s historical price action around halvings indicates that the experts predicting its ensuing rally might be correct. However, some skeptics, like the crypto exchange BitMEX co-founder, Arthur Hayes, have suggested that a crypto fire sale could accompany the BTC halving date.</p>
 <p class="paragraph">Ultimately, making any BTC price prediction is difficult, as it all boils down to detailed research and in-depth risk <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> before investing in any asset, particularly cryptocurrencies, as the trends in this industry can turn around suddenly, without much warning.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/planb-s-bitcoin-forecast-eyeing-100k-surpassing-200k-tbt84917.html">https://thebittimes.com/planb-s-bitcoin-forecast-eyeing-100k-surpassing-200k-tbt84917.html</a></p>

PlanB’s Bitcoin forecast: Eyeing $100k, surpassing $200k

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