KEY TAKEAWAYS

Bitcoin’s current structure resembles a breakout from 2010-2011 from $0.57 to $34.

Trump’s presidency will neutralize FUD and reduce uncertainty around Bitcoin adoption.

Record-low Bitcoin on exchanges may drive sharp price increases.

With time left in 2025, Bitcoin’s next breakout may surprise everyone because it is designed to do so.

Bitcoin rose steadily from 2009 to 2013, from the first pizza transaction, the pre-halving era is often overlooked. However, a closer look reveals that the 2013, 2017, and 2021 patterns arguably played out in a single year during 2010-2012. This entire phase took Bitcoin from $0 to $1 before a major move in June 2011 saw it spike to $30+ in one shot, only to correct back to $2.

There’s a strong case that Bitcoin is mirroring the 2011-2012 move, positioning it to break $1 million. If Bitcoin can reach $200K by the first days of the new presidency, it could hit $1.2 million as early as March 2025 because Bitcoin is a purely speculative asset. This article discusses the sentiment before Bitcoin hit its first psychological milestone of $1, and arguably the most important milestone, as it started from fractions of a cent, moved through volatility, and eventually exploded to $34. After hitting another milestone in $100,000 in December 2024, Bitcoin is now sitting around $107,000 and a move in sentiment similar to that of the $1 could propel Bitcoin to $1-3 million a coin by November 2025