PlanB Predicts Bitcoin Could Reach $500K by 2028 Based on Stock-to-Flow Model

HKAN | Jul 5

JUST IN: PlanB Forecasts Bitcoin May Hit $500K by 2028

Renowned pseudonymous crypto analyst PlanB, the creator of the Stock-to-Flow (S2F) model, has reiterated his bold prediction that Bitcoin could average $500,000 during the upcoming 2024–2028 halving cycle .

According to PlanB’s model, based on Bitcoin’s scarcity and four-year halving schedule, the average BTC price for this cycle could fall between $250,000 and $1 million, with a central estimate around $500,000 .

The Stock-to-Flow Model Explained

PlanB’s model calculates price projections by examining Bitcoin’s stock (current supply) divided by flow (annual new issuance). Each halving reduces BTC issuance by 50%, increasing scarcity and — historically — driving price action.

“My target … is $500,000 average for 2024–2028 halving period, with $250K–$1M range,” he commented on X .

Market Implications & Reactions

The forecast has reignited optimism among long-term holders and institutional investors.

S2F critics note macroeconomic factors and market sentiment remain critical.

Still, this model-driven prediction helps support the thesis of mass adoption and supply-driven price appreciation.

Final Take

If PlanB’s S2F model holds true this cycle, Bitcoin averaging around $500,000 would mark an unprecedented growth trajectory and could significantly reshape crypto investment strategies.