Even at this time, Bitcoin is experiencing significant development and has become one of the most attractive investment opportunities. So, what will make Bitcoin even more bullish in the next few years?
Responding to this, one of the crypto market observers and well-known investors from Switzerland with the account name X Stack Holder, revealed the main factors that make Bitcoin increasingly bullish.
1. Historic Bitcoin ETF Launch
A Bitcoin ETF was recently launched and became the most successful ETF launch of all time. This actually shows the enthusiasm of investors, who have long been waiting for the growth of crypto assets.
2. Institutional Investments Big companies like BlackRock are starting to include Bitcoin in their bond funds. In addition, a number of other large companies have joined in and increased the total number of investments in ETFs currently.
3. Impact of Halving and Pension Fund Investment After the halving process, where the number of new Bitcoins produced is halved, the price of Bitcoin is expected to rise. Additionally, the Wisconsin State Pension Fund has started investing in Bitcoin sooner than expected.
4. Global Economic Shift In addition, there is a global shift away from dependence on US sovereign debt as the main reserve asset. Countries like China are starting to sell US Treasuries and buy gold.
In the digital age, Bitcoin is now considered a stronger form of money than gold, thus attracting interest as a safer store of value.
5. Central Bank Policy Central banks are starting to lower interest rates, which usually indicates economic instability and makes alternative investments like Bitcoin more attractive.
6. Stability and Security of Bitcoin In an unstable geopolitical situation, Bitcoin is considered a neutral and safe asset. Bitcoin is seen as “digital Switzerland,” a safe place to store wealth.
Concerns about US debt and the need to depreciate the currency also make Bitcoin increasingly attractive as a better store of value.
7. Future Predictions Stack Hodler predicts that Bitcoin could exceed US$ 100,000 this year, although many people may not pay attention to it because they are busy with political issues.
In fact, Bitcoin's target of reaching US$ 1 million no longer seems impossible because Bitcoin's role in the global financial system continues to grow
