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$100,000 Bitcoin Price Is Just The Beginning

source-logo  bitcoinmagazine.com 05 December 2024 17:41, UTC
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Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we're just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning.

This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here's why I think $100K Bitcoin is just the tip of the iceberg:

  • Trump hasn't taken office yet. The next couple years, especially his first year, will likely bring very pro-Bitcoin and crypto regulations.
  • The US hasn't started stockpiling $BTC yet. When it does, it will put every country on notice to adopt bitcoin ASAP.
  • Historically, the year after the halving pumps the most as supply shrinks. We're now post-2024 halving. You do the math.
  • More public companies are adopting bitcoin treasuries. This trend will accelerate exponentially in 2025.
  • Some US states have presented legislation to hold bitcoin in reserves. More are expected to follow.
  • Putin is now actively talking about Bitcoin, passing pro-crypto laws in Russia and allowing national Bitcoin and crypto mining. Global adoption is brewing.

With a pro-Bitcoin US President aiming to make America the global Bitcoin capital, you better believe we're going past the moon. Game theory says other nations must compete and buy $BTC or risk irrelevance.

So no, $100K isn't the ceiling. I'd be shocked if we don't surpass historical multiples this cycle, especially as nation-state adoption kicks into high gear. The show's just getting started.

Happy $100K, but remember this is only the beginning, my friends. 2025 will be Bitcoin's breakout year as it cements itself as the global reserve asset. I'm incredibly bullish — keep holding on tight for the wild ride ahead!

This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of $BTC Inc or Bitcoin Magazine.

bitcoinmagazine.com