PlanB, the creator of the Stock-to-Flow (S2F) model, has reiterated his prediction that Bitcoin will reach $500,000 by the 2028 cycle. This forecast is based on the same model that accurately anticipated a $1 trillion market cap between 2020 and 2024. Currently, Bitcoin is trading around $86,431, having fallen from a recent peak of $126,000. Despite a broader market downturn, Bitcoin ETFs have seen positive flows, with $238 million in net inflows. Analysts have observed increased accumulation by large holders, indicating that major investors are buying the dip. A critical support level is identified at $74,110, with a recovery above $112,000 deemed necessary for Bitcoin to achieve a new all-time high by 2025.