Bitcoin News Alerts | Daily BTC Macro Signal

Bitcoin expert Plan B, creator of the BTC stock-to-flow model recently shared the following new Bitcoin price prediction: "And for the next cycle, the stock to flow model expects or predicts Bitcoin to reach $532,000. So the core of the stock to flow (S2F) model is that more scarcity leads to more value and thus the BTC halvings are key. In fact, all the action is around the halving, if you look at the BTC price data."

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Blockstream CEO Adam Back, one of the early Bitcoin pioneers, is pretty confident the king crypto (BTC) will hit an all-time high of over $100,000 before Bitcoin's halving in 2024 - and is willing to drop a million wagering on it, as Adam Back proclaimed on X, "The bet is on: I bet bitcoin reaches or exceeds $100k between now and halving (31st Mar 2024)"

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Paypal co-founder Peter Thiel predicted the Bitcoin price would surge 100x to above $4,000,000 per BTC, while also exposing the Bitcoin enemy list, around the same time his venture capital firm made $1.8 billing closing out its crypto positions last year.

"We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here."

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Bitcoin is on track to hit $1,000,000 per coin, fueled by hyperinflation, according to Strike CEO Jack Mallers, who remains fully convinced on the 7-figure price trajectory of the king crypto (BTC).

"There are only two things I can guarantee in this world: Nobody can live forever and nobody can create more than 21M Bitcoin. For everything else, there will always be more supply given enough demand. That's why the only two things I truly value are my life and my Bitcoin!"

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The Bitcoin price is heading to $100 million dollars per coin, says Fidelity Director of Global Macro, Jurrien Timmer. The $4 trillion asset management giant expects the king crypto to explode above $100 million per coin based on the stock-to-flow (S2F) BTC price model.

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"It looks like a spot Bitcoin ETF will probably get approved", says Michael Saylor, sending the BTC price north of $1,000,000 per coin.

"I have said before and I will repeat it again. If Bitcoin is not going to zero, it's going to a million."

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Blockware Solutions outlines how Bitcoin can reach $400,000 during the next BTC halving epoch, which is a price prediction level preciously shared by Guggenheim Partners CIO Scott Minerd, who passed away in December, 2022.

"Assuming a price of $35,000 at the date of the halving, a $400,000 cycle top would break the trend of diminishing returns; a reasonable expectation due to the $2B halving supply shock and increasing scarcity of liquid BTC supply on exchanges."

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One Bitcoin may be equivalent to $1 billion by this specific date, according to Jurrien Timmer, Director of Global Macro at Fidelity.

To support his forecast, the crypto analyst employed a combination of models and charts, with a particular focus on the stock-to-flow (S2F) model and his own demand model. These analytical tools formed the foundation of his primary BTC price prediction.

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"Bitcoin can go to $1,000,000 or $10,000,000", says Binance CEO CZ (Changpeng Zhao) who recently shared in X Spaces "The Year after Bitcoin Halving is Usually the Bull Year" and addressed BlackRock's entry into crypto, applying for a spot Bitcoin ETF, which helps support his $10 million BTC price prediction.

"If all of them only allocated 1% to Bitcoin we are going to see, I don't know, 1,000x more growth in Bitcoin price. And if they allocate more than 1%, that's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us."

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In February, Cathie Wood of Ark Invest made headlines when she raised her firm's 2030 price target for Bitcoin from $1 million to an eye-popping $1.48 million. Now, six months later, she's doubling down on that price forecast, more convinced than ever that the king crypto (BTC) is on a trajectory to $1 million and beyond.

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