PlanB provides a Bitcoin market analysis based on historical patterns, particularly focusing on greed and fear, as visualized by the RSI color overlay on a chart. PlanB notes that scarcity, represented by the Stock-to-Flow (S2F) model, is a key factor driving Bitcoin's value, alongside utility, adoption, and macro sentiment. PlanB suggests that Bitcoin is fundamentally scarcer than gold. PlanB anticipates Bitcoin's market cap will surpass gold's. Historical data indicates the period approximately 6 months before and 18 months after a Bitcoin halving as historically profitable, with the current period from October 2023 to October 2025, showing a 3x performance. PlanB suggests a riskier phase is approaching. PlanB believes a significant crash isn't likely without a preceding proper bull market. PlanB mentions a revised S2F model using 5 years of new data, simplifying calculations based on halving cycle averages rather than monthly figures, while accounting for untouched Satoshi coins. The updated model forecasts $500,000 between 2024 and 2028 and $4 million between 2028 and 2032.