Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market.

According to the quant analyst, the upcoming bull market will have a wide range, and it could see the flagship crypto asset go up to $1 million, an increase of about 4,689% from current prices.

“In fact, I think the bull market range will be $100,000 – $1 million, but many people don’t understand the wide margins (or the volatility that creates them), so I pinned it at the indeed comfortable $100,000.”

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