# PlanB says Bitcoin will see one more dip before $500K rally

**Published:** 2026-07-08T19:57:13.627Z  
**Topic:** Stock To Flow  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/acbb9489-067b-41e0-9b5a-dc0948016585

Bitcoin at $67,334, down 1% daily, with PlanB forecasting a final dip then a bull run to a $500,000 average by 2028 – see the numbers behind the claim.

Bitcoin slipped 1% to $67,334 in the last 24 hours, marking what PlanB, the Stock‑to‑Flow model creator, describes as the “final dip” before a projected bull market that could push the average price to $500,000 through the 2024‑2028 halving cycle [2]. The analyst ties the move to historic drawdowns of 70‑85% that have preceded previous Bitcoin rallies, and to the upcoming 2024 halving that will tighten supply [1].

| At a glance | |
|---|---|
| Price | $67,334 |
| 24‑h change | –1% |
| Weekly change | +0.6% |
| Catalyst | PlanB’s final‑dip forecast and 2024 halving supply shock |

## Historical pattern and the halving catalyst  
PlanB’s model points to three prior cycles where Bitcoin fell 70‑85% from its all‑time high before rebounding: 2012‑13 (from $12 to $1,100), 2016‑17 (from $650 to $20,000) and 2020‑21 (from under $10,000 to $69,000) [1]. Each cycle lasted roughly four years, aligning with the network’s halving events that cut new issuance in half. The next halving, scheduled for 2024, will again raise the stock‑to‑flow ratio, a supply‑side driver that PlanB believes will underpin a new upward trajectory [1][2].

## Current market context and price outlook  
On‑chain metrics such as exchange balances, hash rate and active addresses are cited as supporting the “final dip” narrative, though the source does not quantify these figures [1]. Technically, Bitcoin’s price sits just below the $70,000 resistance that held earlier in March, while the 200‑week moving average remains a key reference point in PlanB’s analysis [2]. The analyst’s broader forecast spans $250,000 to $1 million for the 2024‑2028 period, with $500,000 positioned as the midpoint average [2].

## What to watch
- **$70,000 resistance** – a break could signal the start of the anticipated bull phase.  
- **2024 halving date** – the supply reduction event that underpins the long‑term price model.  
- **On‑chain liquidity** – monitor exchange balances for signs of large‑wallet accumulation or outflows, which may precede the next price move [1].

If PlanB’s historical‑cycle logic holds, the current dip could be the last major correction before a multi‑year rally that reshapes Bitcoin’s market cap. However, the forecast hinges on the halving’s impact and on‑chain dynamics, leaving room for uncertainty about timing and magnitude.

## Sources
1. Cryptorank — [Bitcoin Bull Market Imminent: PlanB Predicts Final Dip Before ...](https://cryptorank.io/news/feed/c2bed-bitcoin-bull-market-planb-prediction)
2. Finbold — [Crypto expert Plan B predicts Bitcoin will hit $500,000 ...](https://finbold.com/crypto-expert-plan-b-predicts-bitcoin-will-hit-500000-during-this-period/)

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Cite as: TrendWatcher, "PlanB says Bitcoin will see one more dip before $500K rally", https://www.trendwatcher.in/article/acbb9489-067b-41e0-9b5a-dc0948016585