Seeing the current scenario, there has been huge volatility in the whole crypto market due to many factors. Due to this, there are a lot of predictions regarding the Bitcoin (BTC) price. These predictions are increased currently because BTC halving is coming next month. Concerning all this, PlanB who is the creator of the BTC price model has suggested that the BTC price will be increased by over ten times post halving.

According to him, Bitcoin halving will increase the bull run and ultimately there will be a huge rise in top cryptocurrencies.
<blockquote class="twitter-tweet">
IMO <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> 2020 halving will be like 2012 &amp; 2016. As per S2F model I expect 10x price (order of magnitude, not precise) 1-2 yrs after the halving. Halving will be make-or-break for S2F model. I hope this halving will teach us more about underlying fundamentals &amp; network effects <a href="https://t.co/kiTdN0n3Lu">pic.twitter.com/kiTdN0n3Lu</a>
— PlanB (@100trillionUSD) <a href="https://twitter.com/100trillionUSD/status/1250819206720995331?ref_src=twsrc%5Etfw">April 16, 2020</a></blockquote>
<h2>PlanB believes BTC third halving similar to the previous ones</h2>
PlanB has predicted that there will be a subsequent rise in the price of BTC which will be close to ten times the current price. PlanB believes that this time also bitcoin’s third halving is going to be similar to the previous two halvings.

He has made this statement because earlier also there have been huge increases in the price of bitcoin after halving. Although there are a lot of predictions which stated completely opposite to what PlanB has predicted. According to them, this time the scenario is going to be completely different because of the effects of coronavirus pandemic on the global economy.

However, even after all these negative predictions, PlanB seems to remain a positive stand. He also believes that after one or two years of halving the price of bitcoin will increase rapidly. This halving is going to be extremely crucial for the crypto industry and it will determine the future of bitcoin.
<h2>Bitcoin able to maintain even aftermarket crash</h2>
Right after the market crash in mid of March 2020, there has been a huge decrease in the price of bitcoin. Due to this a lot of people have started getting panic and losing hope towards the crypto industry. But soon after the crash, BTC somehow managed to maintain its price and bounced back from where it dropped.

Currently, BTC is trading above $7,000 and somehow able to maintain this position. If the predictions by PlanB will go true then there will be a huge rise and the price of Bitcoin will reach $100,000 by the end of next year.

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PlanB Predicts Ten Times Increase in BTC Price Post Halving

PlanB who is the creator of BTC price model have suggested that BTC price will be increased by over ten times post halving.

Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

PlanB Predicts Ten Times Increase in BTC Price Post Halving

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