PlanB’s forecast: Bitcoin market cap may reach $10 trillion by 2028
Renowned analyst PlanB predicts that Bitcoin’s market capitalization will grow to $10 trillion, equating to roughly $500,000 per BTC by 2028. This forecast is grounded in the analysis of historical data and current trends within the cryptocurrency market.
Source PAnewslab
Examining past periods, PlanB notes that in 2019 Bitcoin’s market cap was $100 billion at a price of $5,000 per BTC, while during the halving cycle from 2020 to 2024 it rose to $1 trillion (around $50,000 per BTC). This pattern forms the basis for optimistic future growth projections for the crypto asset.
The analyst confirms his assessment by showing a red arrow on the chart, illustrating the potential increase in market capitalization. This development could further influence investment interest and the overall evolution of the cryptocurrency market.
