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"If the US Strategic Bitcoin Reserve happens prepare for 7 figure Bitcoin. this cycle" says Bitcoin OG Adam Back with a Trump Pump sending the BTC price to $13,000,000 per coin which is Michael Saylor's target in which Rich Dad Robert Kiyosaki agrees.
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With President-elect Donald Trump’s recent commitment to using Bitcoin as a strategic reserve asset for the United States, speculation regarding the timing and feasibility of this initiative has intensified within the crypto industry with Bitcoin OG Adam Back predicting Bitcoin soaring to 7-figures this cycle.
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MicroStrategy founder Michael Saylor announced buying another $4.6 Billion of Bitcoin bringing their total holdings to 331,200 BTC. Michael Saylor predicts: "Bitcoin is on a path to be worth $100,000,000 which means that the US dollar will have lost 99.9% of its value over 100 years."
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Tech-focused investment firm ARK Invest believes the Bitcoin price will shatter the six-figure price level before 2024 expires. "If Bitcoin were to match the general historical average or the average of all halving years at December’s end, its 2024 performance multiple could hit between 2.48x and 2.94x, its price potentially reaching between ~$104,000 and ~$124,000.”
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ARK Invest founder Cathie Wood says Bitcoin remains on track to hit her massive BTC price target. In a new interview on CNBC Squawk Box, Wood says that ARK Invest believes Bitcoin will reach $1,500,000 , an over 1600% gain from its current value.
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Bitcoin hit a new all-time high of $93,495 post Trump Election victory with $500,000 now in play according to Billionaire Mike Novogratz if the incoming administration of President-elect Donald Trump adopts the crypto king (BTC) as a strategic reserve asset.
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Max Keiser appeared on Alex Jones to discuss how Bitcoin conquered the world and is now on a guaranteed path to $800,000 per BTC, “Bitcoin is mathematically guaranteed to go to $800,000 to take out gold because it’s a superior form of value and money than gold.”
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Bitcoin hit a new all-time high of $88,500 with the Trump Pump US election victory in full effect as the king crypto (BTC) sets its path to reach the oft-discussed $1,000,000 price point, van de Poppe said it will likely happen as long as the de facto policy from central banks continues to be money-printing.
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Bitcoin just hit a new all-time high of $80,500 following the recent US Election Trump Pump with $850,000 BTC price now in play according to Tuur Demeester, editor-in-chief of the Bitcoin analysis firm Adamant Research, clarifies that parity with gold’s market cap will act as more of a “magnet” for investors: “Bitcoin? vs. Gold? – the ultimate store of value. [The] BTC/XAU chart suggests a target of a 130 to 1 ratio. So long horizon projections suggest $6,500 XAU & $850,000 BTC.”
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The 2024 US presidential election is decided with Donald Trump victorious, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance and economist Henrik Zeberg predicts a Blow-Off Top for Bitcoin in play at $123,000.
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Election day is finally here with the Bitcoin bulls predicting a decisive Trump win. Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that Bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar.
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While predicting Bitcoin will reach $1,000,000 by 2025 might seem overly optimistic, several factors such as a Trump victory can make such a scenario plausible - the increasing adoption of Bitcoin, various countries approving BTC ETF, the weakening of traditional fiat currencies due to hyperinflation, and the rising profitability for BTC miners are key drivers that could significantly boost its value.
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