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This price model hints BTC could explode to $1M after 2024 halving
Although Bitcoin (BTC) is currently experiencing a sideways trading pattern, the majority of the crypto sector maintains confidence that the asset is poised for significant price growth in the future. Indeed, the upcoming halving event in 2024 is viewed as a possible catalyst that could elevate the maiden crypto‘s value.
In this regard, crypto trading analyst PlanB discussed several pricing models in a YouTube video on July 28, which could offer room for Bitcoin to grow toward the $1 million level. He highlighted that historically, Bitcoin has recorded price jumps after previous halving events, focusing on the Stock-to-Flow (S2F) model.
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