Is there still a chance for retail investors in the crypto space after this bull market?
In this bull market, the peak of BTC is expected by the end of 2025, with a reasonable price range of $160,000 to $220,000, and it is advised to be in cash in 2026. Currently, the crypto space resembles the internet industry at the turn of the century, and there may be a bubble burst in the next 1 to 2 years. If the U.S. completes compliance regulation through laws like FIT21, traditional funds may allocate to BTC.
However, if blockchain does not integrate with traditional industries, it will be difficult for new funds to enter and for growth opportunities to arise. BTC may reach a new high in 2024, but the blockchain industry lacks innovation, making “business concept innovation” difficult in 2025.
A sign of the peak of the crypto bubble may be if Buffett changes his attitude and participates. The crypto space is similar to the internet industry in 1999, and by the end of 2025, there may be a severe adjustment due to the bubble. Looking back at internet history, 1995-1996 was the startup phase, the Nasdaq index peaked in March 2000 before the bubble burst, and it reached a low in October 2002.
In 2020-2021, companies and giants entered the blockchain space, similar to the initial wave of the internet. By the end of 2025, the price of BTC may peak, and by early 2027, it might hit a low. If the FIT21 bill is passed and leads to a nationwide issuance of tokens, with lower thresholds for token financing, a short-term bull market may occur, followed by a collapse due to supply-demand imbalance and capital depletion.
In the next 12 months, BTC has nearly 2 times beta potential for gains, and there are many early coins with “hundredfold to thousandfold” opportunities. Just like the internet industry, even if you entered in 2000, it would still be the right choice to persist until today. Discussing how much BTC can rise at its highest is meaningless; attention should be focused on its maximum rise before a certain point in time.