PlanB Doubles Down on $400k Bitcoin Target Amidst Analyst Caution

Bitcoin continues to rally towards new highs, with its price recently exceeding $104,000. This bullish surge has prompted PlanB, a pseudonymous analyst known for his Stock-to-Flow model, to double down on his ambitious $400,000 target. While many analysts are cautiously optimistic, some warn that this bold prediction may not be fully justified given the current market conditions.