Comment
Author: Admin | 2025-04-28
Year. His price target? A cool $1 million.“Many nation-states are actively deepening their investments in Bitcoin, not only as a strategic reserve but also as a tool for enhancing sovereignty and energy production. Meanwhile, Layer 2 technologies like Liquid and Lightning are bringing significant scalability to Bitcoin payments. This momentum will further distinguish Bitcoin as the core of the new global economy, while altcoins may struggle to maintain relevance as BTC dominance grows.”Mow told Cryptonews that the current bull market remains at an early stage because retail investors are “just beginning to re-engage with Bitcoin.” He anticipates a “steady influx” of consumers will make their way into the market as 2025 progresses — with “major FOMO” kicking in once BTC reaches $500,000 for the first time.“I’ve always believed Bitcoin hitting $100,000 was inevitable because of its fundamental properties, and even at $200,000 it’s still undervalued. Now that we’ve crossed into the $100,000 range, it’s only a matter of time before we hit $1 million — it’s likely to be a fast and violent move up.”Going Parabolic?Bitcoin Supercycle author Michael Terpin says BTC enters its parabolic stage as soon as prices surpass the all-time high set in the previous cycle.“It did this on election day and quickly moved up to pass $100,000 by early December. I projected that with neutral macroeconomics the price of bitcoin would be just under $200,000 in late 2025. Donald Trump’s pro-crypto presidency, coupled with the first pro-crypto Congress and SEC chairman, should kick off a Bitcoin Supercycle, bringing the price over $250,000 by the end of 2025.”Terpin told Cryptonews that “it’s only a matter of time” before a single Bitcoin is worth $1 million. He predicts this will happen one year after a halving event — probably in 2033, but no later than 2037.For many on
Add Comment