Bitcoin's Future: Bullish Predictions and Anticipated Big Moves.

PlanB, the creator of the Stock-to-Flow (S2F) model, has introduced a new chart called Bitcoin Market Stages, which suggests that Bitcoin has entered an early bull market as of early 2023. The chart is based on the premise that every market moves in cycles and contains four consecutive phases or stages: early bull market, late bull market, early bear market, and late bear market. PlanB also updated his S2F model, which predicts that Bitcoin will surge 100% by 2024, approaching the $55,000-$60,000 area. The next halving is expected on April 5, 2024.