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Coinbase CEO Brian Armstrong has expressed the belief that Bitcoin could eventually reach a price in the multi-million dollar range. This comes as BTC peaked at a new all-time high of $109,300 just hours before Donald Trump returned to the Oval Office for a second term.
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If bitcoin continues to track the 2015 to 2018 cycle, it would finish around 1,100% higher from the cycle low at the end of Q1 2025, putting one bitcoin at $186,000. The peak in the cycle would then occur around October of this year at 11,000% higher, putting a cycle top of around $1.7 million per BTC.
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Several states are gearing up to integrate Bitcoin into their financial strategies. As of January 19, 2025, seven US states have proposed establishing strategic BTC reserves. These initiatives reflect the growing acceptance of Bitcoin as a legitimate asset and align with broader conversations about a federal BTC reserve following President-elect Donald Trump’s strong advocacy.
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Max Keiser reveals: "Stable coins are hospice care for the US Dollar & other fiat currencies. The USD will not survive Bitcoin. Trump’s idea, the US Dollar can be backed by Bitcoin, is fallacious nonsense that will cause massive inflation, kill the US economy and send BTC to $2,200,000.
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Crypto analyst PlanB predicts that Bitcoin will reach an average price of $500,000 by 2025, with potential peaks of up to $1 million per BTC. The halving in 2024, institutional adoption and scarcity are cited as driving factors behind this ambitious expectation.
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Bitwise IT director Jeff Park believes that the success of Bitcoin adoption in the U.S. could push the price to $1 million per coin or higher: “The idea of a federal strategic bitcoin reserve in 2025 is an event with a less than 10% probability of happening. This is the only reason bitcoin could reach $1 million or higher in 2025.”
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BitMEX co-founder Arthur Hayes believes one catalyst could help send Bitcoin (BTC) to seven figures as US debt mounts. “I believe we can get to $1 million end of the cycle – $1 million… because the amount of money that’s going to be printed is going to be absolutely insane as every government around the world does the same thing, which is print money to make my people feel happy because the global growth is slowing…
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Mark Moss predicts Bitcoin's rise to $21 trillion: “Bitcoin could grow to $21 trillion by 2030, which means $1 million per Bitcoin, but it doesn’t mean all these other assets go away. It’s on par with gold. It’s taking a little bit from bonds, a little bit from money, and a little bit from equities.”
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