Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

UK Finance launches pilot for tokenised sterling deposits

14/10/2025

Bitcoin Price Dropped 99% Last Night on Binance TR, Here’s Why

14/10/2025

Ethereum Price to $10,000? Here’s M2 Correlation to Watch

14/10/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Price to $10,000? Here’s M2 Correlation to Watch

    14/10/2025

    Ethereum’s Momentum Stalls as ETH Lags Behind Bitcoin – $5,000 Target on Hold

    14/10/2025

    Ethereum is Predicted to Reach $ 5,038.07 By Oct 11, 2025

    14/10/2025

    They Accelerated Altcoin Trading – Here Are the Transactions

    14/10/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Crypto Community Mourns Passing of RTFKT Co-Founder Benoit Pagotto

    13/10/2025

    Pudgy Penguins waddle higher despite overall NFT sales slump

    12/10/2025

    Larva Labs Art Blocks Auction Surpasses $30,000

    11/10/2025

    Pudgy Penguins, Sharps Merge NFTs with Solana Finance

    10/10/2025

    UK Finance launches pilot for tokenised sterling deposits

    14/10/2025

    Bitcoin Price Dropped 99% Last Night on Binance TR, Here’s Why

    14/10/2025

    Ethereum Price to $10,000? Here’s M2 Correlation to Watch

    14/10/2025

    Vanguard Considers Crypto ETF Access for Brokerage Clients

    14/10/2025
  • Blockchain

    The Next Phase of Web3 Growth

    13/10/2025

    CCP Games to Build EVE Frontier on Sui, Pushing MMOs On-Chain

    13/10/2025

    Midnight Redefines Blockchain Privacy With Zero-Knowledge and Rational Design

    13/10/2025

    Spur Protocol Partners with KaratDAO for ZK/MPC-Compiler Technology to Strengthen Privacy and Interoperability for DeFi

    13/10/2025

    European Blockchain Sandbox: Lessons Learned

    13/10/2025
  • DeFi

    sUSDC Solana Mint of $250M Strengthens DeFi Liquidity

    14/10/2025

    DeFi Withstands Stress Test as Market Mayhem Wipes Out Nearly $20B

    14/10/2025

    1inch Unlocks RWAs, New Integrations and DeFi Expansion

    13/10/2025

    Bit Layer Brings Bitcoin Into DeFi: Interview with Charlie Hu

    13/10/2025

    Xyra Labs Rolls Out Split Routing to Offer CEX-Level Pricing for DeFi Swaps

    13/10/2025
  • Metaverse

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025
  • Regulation

    UK Finance launches pilot for tokenised sterling deposits

    14/10/2025

    Vanguard Considers Crypto ETF Access for Brokerage Clients

    14/10/2025

    Danal and BTQ’s Groundbreaking PoC Unveiled

    14/10/2025

    Eric Trump, Son of US President Donald Trump, Reveals Formula to Save the Dollar! Crypto Market Could Be Affected! Details Here

    14/10/2025

    $24B in Crypto Holdings Vanish in 6 Months in Korea — What’s Going On?

    14/10/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin Price Dropped 99% Last Night on Binance TR, Here’s Why

    14/10/2025

    Coinbase Prepares to Onboard the Next Billion as Crypto’s Open Era Accelerates

    14/10/2025

    As the Post-Crash Recovery Continues, Binance Announces Double Good News for This Altcoin! It Will Be Both Airdropped and Listed!

    14/10/2025

    BTCC’s 10% Deposit Bonus Offers Traders a Chance to Rebuild

    14/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    ‘Eve Frontier’ Jumps Ship from Ethereum to Sui—Here’s Why

    13/10/2025

    TrustyFi Joins Forces with R Games to Transform the Future of GameFi Transparency

    11/10/2025

    Tezos Shooter ‘Reaper Actual’ From EverQuest Co-Creator Enters Alpha Playtesting

    08/10/2025

    Opera and Decrypt Team Up to ‘Bring the Next Billion Users’ to Web3

    07/10/2025

    Abnormally Fast Bitcoin Block Production Puzzles Community

    14/10/2025

    Canaan rallies to a six-month high amid its new Bitcoin gas-to-compute data center

    14/10/2025

    A week-long 51% attack on the Bitcoin network would cost $6 billion, research reveals

    14/10/2025

    Bitcoin Miners Watch Earnings Crater 27%

    13/10/2025

    U.S. Senators Get 250K Letters Calling for Protection of Stablecoin Yields

    13/10/2025

    Buenos Aires Set to Hit Crypto Natives With New Tax Measures

    13/10/2025

    US Senate confirms Treasury official as government shutdown continues

    13/10/2025

    Market structure bill still on track, despite shutdown

    13/10/2025

    UK Finance launches pilot for tokenised sterling deposits

    14/10/2025

    Bitcoin Price Dropped 99% Last Night on Binance TR, Here’s Why

    14/10/2025

    Ethereum Price to $10,000? Here’s M2 Correlation to Watch

    14/10/2025

    Vanguard Considers Crypto ETF Access for Brokerage Clients

    14/10/2025
  • MarketCap
NBTC News
Home»Bitcoin»This Might Be Your Last Chance To Buy Bitcoin Below $40,000
Bitcoin

This Might Be Your Last Chance To Buy Bitcoin Below $40,000

NBTCBy NBTC25/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Popular crypto analyst PlanB, known for his strong bullish stance on Bitcoin and the stock-to-flow model, took to X to reiterate an optimistic long-term for Bitcoin. According to the analyst, we might be in the final days of Bitcoin below $40,000. 

PlanB made a call to action based on his analysis of Bitcoin’s realized price, as all signs point to Bitcoin going on a strong price surge very soon.

Enjoy Sub-$40,000 Bitcoin While It Lasts

Bitcoin has outperformed other asset classes in terms of price performance this year. Price data shows the cryptocurrency is currently up more than 125% this year, and many analysts think this growth isn’t stopping soon.

Crypto analyst PlanB is also of this continued bullish sentiment. According to his analysis of the realized price model, this could be the last chance to buy Bitcoin under $40,000. Realized price refers to the average price of all Bitcoin currently in circulation. Some experts argue this is a better measure of Bitcoin’s value than the current market price. 

Bearish markets are usually characterized by a higher realized price than the spot price of Bitcoin. Bullish markets, on the other hand, are characterized by a higher spot market price. A look at the realized price shared by the analyst shows that the spot price of Bitcoin is now trading above the overall realized cost price, the 2-year realized price, and the 5-month realized price. If history is any guide, the market price could be headed significantly higher from here. 

“Enjoy sub-$40k bitcoin … while it lasts,” the analyst said.

Enjoy sub-$40k bitcoin … while it lasts pic.twitter.com/MgGD5LfuL7

— PlanB (@100trillionUSD) November 24, 2023

Last Chance To Buy Bitcoin

Bitcoin is trading at $37,687 at the time of writing. According to Glassnode, the cryptocurrency’s realized price is currently around $21,000. When asked if there would be another opportunity to buy Bitcoin cheap one last time, PlanB replied neither yes nor no, only predicting that the cryptocurrency would trade between $100,000 to $1 million around the next halving cycle.

Bitcoin (BTC) is currently trading at $37.687. Chart: TradingView.com

A former prediction by the analyst puts Bitcoin around $32,000 to $66,000 during the next halving which is slated to occur in April 2024. 

PlanB’s prediction resonates with the overall sentiment around Bitcoin. The cryptocurrency’s mainstream adoption is also increasing, particularly as the industry awaits the approval of spot Bitcoin ETFs in the US. According to CoinShare’s latest report, Bitcoin now has a year-to-date (YTD) inflows of $1.238 billion into its digital asset investment products. 

The discount on Grayscale’s Bitcoin Trust is now at -7.31% from -48% at the beginning of the year. This increase indicates institutions are buying into the trust amidst growing bullish momentum. A move into the positive percentage would actually put the price of the trust higher than the spot price of Bitcoin for the first since the first quarter of 2021.

NEW: Grayscale Bitcoin Trust’s discount to the #Bitcoin price is closing fast – from 48% to just 7.3%.

The smallest gap since July, 2021.

Institutions buying? 👀 pic.twitter.com/hDnAM0BxKG

— Bitcoin Archive (@BTC_Archive) November 24, 2023

Featured image from Pexels


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

UK Finance launches pilot for tokenised sterling deposits

14/10/2025

Bitcoin Price Dropped 99% Last Night on Binance TR, Here’s Why

14/10/2025

Ethereum Price to $10,000? Here’s M2 Correlation to Watch

14/10/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.