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$100,000 Bitcoin Price Is Just The Beginning

by Catatonic Times
December 9, 2024
in Bitcoin
Reading Time: 2 mins read
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Wow, we lastly hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment began as magic web cash is now the seventh largest asset globally, surpassing a $2 trillion market cap. However make no mistake — we’re simply getting began. 2025 would be the yr of Bitcoin. $100K feels just like the mere starting.

That is my third Bitcoin bull market after coming into in 2016. From expertise, the occasion remains to be early. Here is why I believe $100K Bitcoin is simply the tip of the iceberg:

Trump hasn’t taken workplace but. The subsequent couple years, particularly his first yr, will probably deliver very pro-Bitcoin and crypto rules.The US hasn’t began stockpiling BTC but. When it does, it’ll put each nation on discover to undertake bitcoin ASAP.Traditionally, the yr after the halving pumps essentially the most as provide shrinks. We’re now post-2024 halving. You do the maths.Extra public firms are adopting bitcoin treasuries. This pattern will speed up exponentially in 2025.Some US states have offered laws to carry bitcoin in reserves. Extra are anticipated to observe.Putin is now actively speaking about Bitcoin, passing pro-crypto legal guidelines in Russia and permitting nationwide Bitcoin and crypto mining. International adoption is brewing.

With a pro-Bitcoin US President aiming to make America the worldwide Bitcoin capital, you higher consider we’re going previous the moon. Sport idea says different nations should compete and purchase BTC or threat irrelevance.

So no, $100K is not the ceiling. I might be shocked if we do not surpass historic multiples this cycle, particularly as nation-state adoption kicks into excessive gear. The present’s simply getting began.

Glad $100K, however bear in mind that is solely the start, my mates. 2025 will likely be Bitcoin’s breakout yr because it cements itself as the worldwide reserve asset. I am extremely bullish — hold holding on tight for the wild experience forward!

This text is a Take. Opinions expressed are totally the writer’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.



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