I just wanna share my thoughts on why I think we’re gearing up for another bull run. Looking at past trends, I feel we could see even bigger gains than what we had in 2021.
- Seems like governments are getting more interested in crypto. They’re looking to hold some reserves now.
- I have a hunch that Big Tech will jump on this bandwagon too. I mean, Michael Saylor recently suggested that Microsoft should adopt a Bitcoin standard. In just 3 minutes, he laid out all the reasons why it could be smart for them to convert their capital into bitcoin. I wouldn't be surprised if some Big Tech folks are already stacking sats behind closed doors.
- And let's not forget about ETFs. BlackRock is in the game now.
That’s my take.
I’m forecasting we could hit $500k as a peak in the next couple of years.
Of course we are doing much better in gains than 2021 and I agree with the said reason but you prediction seems overwhelming and I think it's too much of an expectation from bitcoin.
Perhaps predictions are always backed with reasons why you think it would go as you expect, but I haven't seen a good reason to expect bitcoin to reach or hit anything close to 500kish price.
With governments getting involved it gives an edge to expect another bull market and if I'm to be more realistic I think expecting 150kish or 200kish price is more realistic in 2 years compared to 500k as you predicted.
This is absolutely correct because government wanting to join the race, though they had been against bitcoin progress and wanting it the other way to have a total control, but they couldn't end the fight on the right way therefore they had no option to join race to start holding large some of bitcoin on their portfolio.
Your predictions is not bad as I think the market might likely hit $250k by this bull run comes next year and there is every possibility that couples of years we might likely see the price hit what you said, maybe who knows if it would happen next as the market is unpredictable.
In 2 years from now (late 2026 - early 2027) we'll experience a new bear market due to Taiwan (Ukraine No2) and possibly yet another CEX failure (FTX No2, although Proof of Reserves is meant to prevent Ponzi schemes like that).
Nov-Dec 2025 should be the top of this cycle (130-180k).
Bookmark this post for future reference.
It's 5x from where we are now. Remember that in the previous bull run, when it crossed $10,000 in summer 2020, it reached $68,000 about a year later. That's 6.8x, and that's if we accept that the bull market started in $10,000. (It was going pretty well even before that.)
Hmm... Let's see. You're bearish this time, as far as I can tell. 180k is less than 2x. I wouldn't even call that a bull market.
The bottom of the previous cycle was 3k in Dec 2018 and 4k in March 2020 (COVID black swan). That's 17-23x.
15k (Nov-Dec 2022) -> 130-180k (Nov-Dec 2025)
That's not 2x... more like 9-12x. Diminishing returns, but still good enough.
As always: you have to buy the dip to maximize profits, so mark your calendars (Nov-Dec 2026).
Dedollarization will happen after China's invasion in Taiwan (expected by 2027 at the latest).
The collective West will impose sanctions on China (Russia No2) -> Made in China products banned + no more 3nm chips from TSMC -> hyperinflation will kick in + nVidia/AMD/Apple stocks will melt up -> CBDC is introduced to kickstart the economy
Then you can expect BRICs to officially announce the adoption of BTC as a global reserve currency to settle international trade. Russia still has 300 billion of assets frozen. China could have up to 2 trillion $.
Fun fact: our beloved Trump isn't very keen on the idea of dedollarization led by BRICs, even though he knows who are the suckers that back the dollar.
Even though this is just mere speculation, but it is achievable because if a suit sayer had told me that the price of bitcoin will skyrocket so speedily before the United States elections, i would have doubted it but just take a look at the price now and like a couple of months ago you will understand that bitcoin can even skyrocket five times of what the price is today in 2 years' time. Many people are still expecting a bearish season after 2025, but we may likely witness further bull run if bitcoin's strategy reserve is implemented by the incoming administration of Donald Trump, and other positive news that will cause the price to continue being bullish.
I am not surprised with this. Every cycle is different and it's true that this might be a different cycle and bigger than 2021. Although for $500k, that's expected that we will be there even so $1M. If people are seeing the worth of Bitcoin right now, there won't be any complain but a silent accumulation and see why the biggies are doing it right now. MSTR is doing it and the other capital ventures and asset and portfolio companies are doing it. These companies are for the money and that's why wherever it is, there go they are as well.
Every year there is progress taking place with bitcoin. And within this year, adoption from financial institutions have been growing and increasing, which would lead to bigger chances that we will end this year having a mainstream with bitcoin. And for that, the bull run is more guaranteed, which will pave way for bitcoin to reach another all time high before this year ends.
in 4 years I think we will reach $800k - $1M, growth gonna be exponential since the big countries are taking lead and the smaller countries will follow.
if strategic bitcoin reserve is real, any country in this entire world will follow path and therefore it will be an obvious sign of adoption boom which gonna increase demand significantly.
right now BTC just hit $102k and successfully get rid of supply wall at $100k, and guess what BTC to $130k gonna be smooth sailing because the retailer who shorted the market whenever it hits $99k are gonna be liquidated and there will be no BTC to sell left.
just feeling so bullish right now.
All are valid reasons that can make the price of Bitcoin surge hight in the future but I think two year is a bit small for Bitcoin price to reach $500k. Despite having all these reason, we can not also foresee how other negative events could come up and make the price of Bitcoin not to experience huge price movement.
I agree with your speculations and with these big boys in the bitcoin game, anything is possible for us to see bitcoin price surge to 500k. But it's just speculations and no one knows the exact time that bitcoin will reach 500k just like we never expected to see 100k so soon. Bitcoin may reach that price or not but I believe that with the government and big firms buying bitcoin, the price will easily get to 500k than when they are not involved. This is a super circle for bitcoin based on what you wrote in the OP.
Bitcoin is truly amazing and we all know that. It's gaining value each day and in this bull run Bitcoin is already over $100k in value and there's chance that it might goes way more than that. I don't know either in two years it will be able to achieve that $500k mark but if it does then I will be really happy to see something like that.
I feel like the game changes now. I remind you that in the previous cycle, we only had Michael Saylor realizing the game, while we had plenty of opponents. Now, we have pretty much the richest people in the world being involved, with one way or another. Now governments, the enemy, want to join.
I'm just curious on whether the Bitcoin act actually passes the US Congress. If it does, I'd be very bullish, not for the less coins circulating that could cause a supply shock, but for the fact that the Fed allowed it. This would be a clear sign that there's more money incoming. If the act passes Congress, I believe $500k is possible. If for some reason it does not, your prediction seems more realistic than mine.
I think Michael Saylor has had a MASSIVE input into opening peoples eyes as to
what Bitcoin can offer.
For me it started with the analogy he used with the "Block of ice melting in your
back yard".
His recent presentation to Microsoft is a massive foot forward, besides the fact
that they only allowed him 3 minutes, they agreed to it is brilliant.
Its only a matter of time before there is widespread understanding of Bitcoins
benefits which MS has been openly preaching for everyone to benefit from.
As he says himself, Big Tech, Governments, Companies, Families and Individuals
can all benefit by adopting the Bitcoin Standard
$500k within the next few years, let's see in on how many amongst us are going to be added to the retired folks thanks to Bitcoin.
This is a long game for everybody. Cathie Wood even says a million on 2030 and that's around 5 years from now and even more than a million. So, that's another cycle that we have to wait and so with the $500k going within two years and that's not even going to be in a bull run.
That seriously tells that there's already a lot of things that have changed to the cyclic move of Bitcoin but in a very positive way.
As a man who become full scale investment on bitcoin not just personal but his company have a massive impact on his every statement. Aside from those negative talks, his investment in bitcoin has sky rocketed since day one, and no, he just stacking in every possible way. So if this man talks to someone about his bitcoin investment, you will probably get at some point to realize that it's worth to risk.
Government is not joining any race with bitcoin. Why do i feel like all these news about the government and politicians developing interest in bitcoin are just to deceive the public. Bitcoin is not government friendly due to it's decentralization which makes it difficult for the government to intrude in people's privacy about how they go about with their money unlike government knows the amount of money individuals have in the bank account and also knows the identity of everyone, bitcoin do no provide those privilege to them. Let us not forget that the government doesn't wade in on what will not be beneficial to them.
As for what OP said about the price reaching $500k in the next two years, everyone can make their individual speculation of the price they feel that bitcoin can get to within a speculated period of time but am more interested in how much of bitcoins i can be able to accumulate and hold before that time of speculation approaches. For me i don't know what the price of bitcoin will be in the next 2 years but after this bull run, a bearish season will appear of which we don't know how long the bear season will last before another bull season. Any prediction i will make now should be in the next cycle which is 4 years from now. However, with the speed at which the price of bitcoin moved with this year, OP your prediction can come true in the next couple of years.
If these all happened in 2022 or 2023, then I agree it is all about adaption but happening in a halving year which means the core reason must be "reduced supply" which triggered FOMO hence from financial institutions to governments are doing their part. Overall, bitcoin's basic fundamental is the reason. It means these are all expected like people were speculating about bitcoin to be federal reserve for years here.
Another 2x to 4x also possible in my speculation. Because, when USA will be adding bitcoin into their reserve, all other countries will not just watch. And when governments start treating bitcoin similar to gold, people will start their part.
Once The US accept Bitcoin as their reserve, Bitcoin price will keep rising and rising.
I think the best time to buy Bitcoin is before Trump officially become The US president (January 20, 2025), but with the current price, people would say it's already too high.
Most people buy Bitcoin using centralized exchanges, this mean the government will know their identity since they need to submit KYC. Some people are actually buy Bitcoin in ETFs version, which make the government easier to track the citizen.
In The US, you also need to report your digital assets, not only when you sell it for fiat, but receiving in Bitcoin do count https://www.irs.gov/newsroom/taxpayers-need-to-report-crypto-other-digital-asset-transactions-on-their-tax-return