Cryptocurrency Market Projection: 2024-2027
- October 2024: Classic pump month; Bitcoin (BTC) reaches $70,000.
- November 2024: Trump wins the election, ending the Democratic administration's war on crypto (Biden, Harris, Warren, Gensler). BTC surges to $100,000.
- December 2024: Massive inflows into Bitcoin ETFs drive the price to $150,000.
- January 2025: Crypto companies and enthusiasts return to the U.S., pushing BTC to $200,000.
- February 2025: The Power Law crew takes profits, causing BTC to drop to $150,000.
- March 2025: Bitcoin becomes legal tender in Bhutan, Argentina, and Dubai; price skyrockets to $300,000.
- April 2025: The U.S., under Trump, begins building a strategic Bitcoin reserve, boosting BTC to $400,000.
- May 2025: Other nations (excluding the EU) join the crypto race, leading BTC to reach $500,000.
- June 2025: Multiple AI systems start utilizing Bitcoin for autonomous arbitrage in traditional finance, elevating BTC to $600,000.
- July - December 2025: A frenzy of fear of missing out (FOMO) propels Bitcoin to an all-time high of $1,000,000.
- 2026: Distribution phase begins; BTC corrects to $500,000.
- 2027: A bear market ensues, with Bitcoin hitting a low of $200,000.