Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.
Bitcoin has surged beyond $76,000 following Donald Trump’s victory in the United States presidential election on Nov. 5.
Bitcoin (BTC) analyst PlanB’s stock-to-flow model now projects a $500,000 price target for the asset within the next four-year cycle, based on the model’s historical data and pattern.
PlanB pointed to Trump’s proposal to create a national BTC reserve as a potential driver for demand, suggesting it could add “200,000 BTCs per year” in buying pressure.
