### Crypto News Update
**Prominent Analyst Predicts October Bitcoin Rally, Reveals Monthly BTC Price Forecast!**
A well-known analyst, PlanB, has shared his monthly price predictions for Bitcoin, outlining the reasons behind his forecasts.
**Author: Elif Azra Güven**
**Date: 25.09.2024**
**Update: Just now**
Bitcoin has managed to maintain its position above $60,000 following the Federal Reserve’s recent decision to cut interest rates by 50 basis points. With analysts anticipating a bullish trend for BTC, PlanB, recognized for his Stock-to-Flow (S2F) model, has released his monthly Bitcoin price projections.
In a recent post on his X account, PlanB expressed his expectation that Bitcoin will reach $70,000 in October. His comprehensive predictions extend to the years 2026 and 2027, detailing a month-by-month outlook for BTC.
While he emphasized that these predictions are speculative, he provided the following rationale for his anticipated price levels:
– **October 2024**: A typical pump month, predicting BTC at $70,000.
– **November 2024**: Following Donald Trump’s victory in the U.S. presidential election, BTC is expected to surge to $100,000.
– **December 2024**: With significant inflows into spot Bitcoin ETFs, BTC could rise to $150,000.
– **January 2025**: A regulatory exemption for the U.S. cryptocurrency market may lead to BTC reaching $200,000.
– **February 2025**: The Power Law team is predicted to sell, bringing BTC down to $150,000.
– **March 2025**: As Bhutan, Argentina, and Dubai adopt Bitcoin as legal tender, BTC could soar to $300,000.
– **April 2025**: The U.S. may start building strategic BTC reserves under Trump, potentially pushing BTC to $400,000.
– **May 2025**: Other non-EU countries may follow suit, driving BTC to $500,000.
– **June 2025**: Various AI systems could begin utilizing Bitcoin for autonomous arbitrage, leading BTC to $600,000.
– **July-December 2025**: A surge of FOMO (Fear of Missing Out) may propel BTC to an all-time high of $1 million.
– **2026**: A distribution phase could see BTC decline to $500,000.
– **2027**: A bear market may push BTC down to a low of $200,000.
**Summary of Predictions:**
– **October**: BTC anticipated at $70,000.
– **November**: BTC expected to hit $100,000 post-Trump’s election.
– **December**: BTC could reach $150,000 with ETF inflows.
– **January**: BTC forecasted at $200,000 following market return.
– **February**: BTC may drop to $150,000 after Power Law sales.
*Note: These projections are purely hypothetical and not investment advice.*
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