Odaily News Bitcoin analyst PlanB predicts a target price of $500,000 for BTC over the next four-year cycle based on historical data and patterns of its stock-to-flow model. PlanB points to Trump's proposal to establish a national BTC reserve as a potential driver of its demand, and suggests that this could increase buying pressure by "200,000 BTC per year." The model assesses the value of BTC based on its limited supply and scheduled halvings, indicating that its price will rise sharply after each halving event. It is worth mentioning that while PlanB expects the BTC price to reach $500,000 in this cycle, it adds that its price varies greatly, ranging from $250,000 to $1 million. (Cointelegraph)