The price of Bitcoin could move up 10 times after next month’s BTC halving, according to crypto analyst PlanB. The analyst, who designed the stock-to-flow model, predicts that the Bitcoin halving will cause an insane bull run. This bull run will take bitcoin to new heights.

“In 1-2 years, Bitcoin will be worth 10 times more.”

PlanB gave a price forecast on Twitter. He says he expects the third Bitcoin halving to be the same as the 2016 and 2012 halves. PlanB notes that the halving in May will be a make-or-break event for his stock-to-flow model.

In the months following the two previous halving events, Bitcoin exploded. The coin reached new record highs and that is going to happen again, says PlanB. However, not everyone agrees with PlanB. Several experts argue that this time will be different because of the upcoming recession. Also, the crypto market is more mature, which could mean that the half has already been priced in.

Nevertheless, PlanB insists that the price of Bitcoin is perfectly in line with the stock-to-flow model. He even expects the Bitcoin price to be at least 10 times higher than the current price 1 or 2 years after the rewards of the miners have been halved.

IMO #bitcoin 2020 halving will be like 2012 & 2016. As per S2F model I expect 10x price (order of magnitude, not precise) 1-2 yrs after the halving. Halving will be make-or-break for S2F model. I hope this halving will teach us more about underlying fundamentals & network effects pic.twitter.com/kiTdN0n3Lu — PlanB (@100trillionUSD) April 16, 2020