Well-known crypto analyst PlanB believes the Bitcoin rally is far from over. The pseudonymous trader, followed by more than 2.1 million people on X, said BTC crossed a crucial threshold in June 2025 that historically signals the start of long-lasting market cycles.
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In his latest post, PlanB explained:
“I think [the] Bitcoin bull market has not ended and will continue. I don’t know until when, or how high. It could also be a long, steady uptrend, without FOMO+crash. IMO, we passed the point of no return (yellow dots) in June 2025, similar to October 2020, February 2017 and January 2013.”
The analysis was paired with a chart of the stock-to-flow model, which estimates price based on scarcity. PlanB, among the first to apply this model to Bitcoin, maintains that limited supply remains a defining driver of value:
“Whether you like it or not, Bitcoin’s value is very much linked to its scarcity. Fiat will be printed, Bitcoin will rise.”
Earlier this month, he also argued that monetary policy has fueled gains across all major asset classes:
“How will there be diminishing returns when debasement is exponential? All asset prices increased exponentially last 10 years (driven by money printing): -Gold 3x (~$1,000 to ~$3,000) -S&P 3x (~$2,000 to ~$6,000) -Bitcoin 250x (~$400 to ~$100,000). In my opinion, it is a unit of account phenomenon.”
At present, Bitcoin trades at $114,368, showing resilience even after recent volatility. For many investors, the question remains not whether Bitcoin can rise further, but how long this cycle could extend before the next cooling phase.