Chances of Bitcoin Price Returns to Zero or Rises to $1 Million Level 

Bittime - Following Bitcoin prices experiencing a sharp decline today, a crypto analyst named PlanB expressed his views on the price of Bitcoin.  

Price Bitcoin: Return to Zero or Rise to $1 Million 

PlanB is known as one of the most influential analysts in the crypto world, especially with the Stock-to-Flow (S2F) model he has developed to predict Bitcoin price movements. 

PlanB put forward his unique investment strategy, where he will continue to argue that Bitcoin will reach one of two scenarios, namely returning to zero or rising to $1 million.

Bitcoin Price Prediction 20:80

In his latest predictions, PlanB predicts that there is a 20% chance that Bitcoin will return to zero, but he is more optimistic about an 80% chance that Bitcoin will reach $1 million in the future.

PlanB explained that although Bitcoin market volatility is very high, it sees the overall trend as one that continues to increase. According to him, this volatility is part of Bitcoin's journey towards higher prices, but it also comes with significant risks.

Bitcoin Market Volatility

One aspect that PlanB really emphasizes is the high volatility of the Bitcoin market. This volatility is often the main reason behind the uncertainty and hesitation of many investors to dive into the crypto market. 

However, PlanB sees this volatility as an opportunity, not a threat. He explained that high volatility is a reflection of market dynamics that are still in the developing stage, where supply and demand are still not completely stable. He also believes that despite short-term fluctuations, the long-term trend for Bitcoin is positive and tends to rise.

"Ride It to Zero or a Million" Strategy

PlanB reveals the investment strategy "Ride it to zero or a million". This shows that he is willing to take extreme risks to achieve equally extreme returns. 

This strategy reflects the strong belief that Bitcoin, despite all the existing risks and uncertainties, has great potential to grow and reach very high values ​​in the future.

This strategy also highlights the importance of patience and resilience in the face of market volatility. PlanB admits that the journey to $1 million will not be smooth and will be filled with challenges, but he is confident that the end result will be worth the risk.

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.