Bitcoin's Next Leap: Billionaire Predicts $500,000 Per BTC—When & How

Famous billionaire investor Chamath Palihapitiya has entered the Bitcoin Halving discussion and its long-term effects.

Here's how the Billionaire believes this four-year event in the Bitcoin ecosystem might boost Bitcoin's value to $500,000 in the future.

Post-halving, the top cryptocurrency has seen considerable price rises, usually 12–18 months later.

Palihapitiya notes that prices first rise modestly but skyrocket after Halvings. Six months after the initial Halving, it increased tenfold and 45.52x after 18 months.

Later cycles witnessed considerable but more gradual growth. After 18 months of the second Halving, Bitcoin soared 27.92x, and the third Halving rose approximately 8x.

Palihapitiya sees Bitcoin's present consolidation as normal development. He believes Bitcoin might climb exponentially to $500,000 by October 2025 if it follows the second and third cycles.

Palihapitiya noted that this cycle is different owing to BTC's “commercialization” by the launch of spot ETF products in the US, which might affect the cryptocurrency's value.

Palihapitiya said these financial solutions help “Bitcoin cross the chasm” and have its “central key moment.” He describes the changing global financial environment and predicts many nations will embrace a “dual currency” arrangement.

According to the Billionaire, nations will increasingly use their native currency for daily transactions and BTC for long-term digital assets.

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