Bull Market Not Over, Bitcoin Analyst PlanB Predicts $300K Price Target by 2026

PlanB Says Bitcoin’s Rise Driven by Exponential Currency Debasement

One of crypto’s most widely followed analysts believes Bitcoin’s growth is fueled by something bigger than market cycles: exponential currency debasement.

Good to Know

• PlanB says money printing drives all asset prices higher, including BTC.
• Bitcoin closed August 2025 at $108,269, far above its 200-week moving average.
• Analyst predicts Bitcoin could reach $300K by 2026.

Exponential Debasement, Exponential Growth

Writing to his 2.1 million followers on X, PlanB compared the performance of major assets over the last decade. He argues that the Federal Reserve’s ongoing money printing has inflated asset values across the board:

• Gold: 3x (~$1,000 → ~$3,000)
• S&P 500: 3x (~$2,000 → ~$6,000)
• Bitcoin: 250x (~$400 → ~$100,000)

“How will there be diminishing returns when debasement is exponential?” he asked. “In my opinion, it is a unit of account phenomenon.”

Bitcoin’s Bullish Indicators

PlanB pointed out that Bitcoin’s metrics continue to flash the following bullish signs as 2025 heads into its final quarter:

• August closing price: $108,269
• 200-week moving average: $52,000 and climbing
• Realized cost price: $52,000 and climbing
• RSI: 67, firmly in uptrend territory

His takeaway: the bull market is still intact.

Bitcoin Market Snapshot – August 2025

(Source: PlanB/X, CoinMarketCap)

Big Picture Perspective

PlanB has long emphasized zooming out rather than trying to catch cycle tops. He reinforced that idea again, writing: “Bitcoin ALWAYS goes up… if you ignore/flatten the bull markets (2013, 2017, 2020/2021). Forget about bull markets, all-time highs and timing the tops. Focus on the big picture: you are watching the separation of money and State, the birth of the best money/asset ever.”

Last month, the analyst projected that Bitcoin could climb to $300,000 by 2026, keeping with his view that BTC’s trajectory remains upward so long as governments continue to debase fiat currencies.

At the time of writing, Bitcoin trades at $111,705, up about 0.6% on the day, according to CoinMarketCap.