In today's global economic landscape, Bitcoin, as a digital asset with unique influence, is gradually becoming the focus of world attention.
The total amount of Bitcoin is constant at 21 million. During the long development process, 3.7 million of them have been permanently lost, which means that there are about 16 million Bitcoins in circulation. In the market, a large number of Bitcoin chips are held by giant whales represented by MicroStrategy. These giant whales' every move in the market has attracted much attention. Although they will sell some Bitcoin, the amount they sell is relatively limited.
From the perspective of market supply and demand, the supply of Bitcoin is relatively insufficient. As sovereign funds of various countries become more interested in it, once they follow suit and buy it, the supply and demand relationship of Bitcoin will be further intensified. This change in supply and demand will drive the price of Bitcoin to continue to rise.
As for how much the price of Bitcoin will rise, this is a question full of uncertainty. In the next 5 to 10 years, Bitcoin is expected to achieve a growth of less than 10 times. As long as there is no economic recession in 2025, Bitcoin is very likely to show a long-term bull market trend similar to gold during Trump's four years in office.
However, the volatility of the Bitcoin market is affected by many factors, including policies, economic environment, technological innovation, etc. We need to pay close attention to these factors in order to grasp the trend of Bitcoin prices more accurately.