PlanB confirms that the Stock-to-FLOW model might push Bitcoin (BTC) to an average price of 500,000 USD this year and could exceed 1 million USD. This forecast emerged in early 2020, foreseeing a sharp price increase post the 2024 halving event.

Bitcoin achieved a record HIGH of 108,000 USD but has since adjusted to 94,591.42 USD. The digital currency has appreciated by 1.16% over the last day. A range of analysts predict differing outcomes, with some conservative estimates falling between 150,000 USD to 300,000 USD by 2025.

Institutional investments are critical for Bitcoin’s growth. Companies like MicroStrategy, holding over 446,400 BTC, exemplify this growing confidence. Further, the U.S. Considering forming a Bitcoin reserve could catalyze long-term investment and price increases.