PlanB's Bitcoin Stock-to-Flow Update Points to $500,000 Average Price for 2024‑2028 Cycle

Pseudonymous quantitative analyst PlanB, known for the Bitcoin Stock-to-Flow model, has released an updated outlook suggesting BTC's average price in the 2024‑2028 cycle could reach around $500,000. He argues Bitcoin appears significantly undervalued at about $67,000, while still warning that there are no guarantees and that price volatility and sharp drawdowns remain likely.