Analysis: Bitcoin may be severely undervalued, and the S2F model still predicts it could reach $500,000 in this cycle

Cryptanalysis expert PlanB posted on the X platform, stating that the current Bitcoin price remains in the $67,000 range, but the S2F model still predicts a potential rise to $500,000 during the 2024-2028 cycle.

If the model's judgment is accurate, it means that the current price of Bitcoin is severely undervalued and could likely be a potential long-term buying opportunity. However, the market is also discussing whether the model has become invalid. PlanB simultaneously asked the community, "Will Bitcoin's future trend be bullish or a collapse?"