BITCOIN Will Reach $250,000 IN 2025
This is how it will happen๐
Bitcoin has always followed a 4-year crypto cycle
โ 1 year recovery
โ 1 year halving (the same year BTC hits a new ATH)
โ 1 year of a full-fledged parabolic run
โ 1 year crash (70% to 80% withdrawal)
Currently, we are halfway through the year and BTC is expected to reach a new ATH in Q4 2024.
Currently, the BTC price is mimicking the 2020-2021 cycle, so letโs see how things will play out
โฆ๏ธ Fix before halving (maybe $30,000-$35,000)
โฆ๏ธ A few months of consolidation during the summer
โฆ๏ธ Bullish Q4 of 2024 and new ATH of $70,000
โฆ๏ธ $100,000 BTC in Q1 2025
โฆ๏ธ Full-fledged Altseason where alts will pump 100x-1000x
โฆ๏ธ Some consolidations and corrections in the second quarter of 2025
โฆ๏ธ In the third quarter of 2025, the pump will resume and BTC will reach $200,000-250,000 in the fourth quarter of 2025.
๐โ๐ฆ ๐๐๐๐ ๐โ๐๐ ๐ป๐๐๐๐๐ ?
โก๏ธ The price of BTC is always determined by supply and demand.
โก๏ธ With the halving and approval of the ETF, there will be a reduction in supply emissions and demand will increase.
๐โ๐๐๐ ๐๐๐๐ ๐โ๐ ๐๐๐๐๐ฆ ๐ถ๐๐๐ ๐น๐๐๐ ?
1๏ธโฃ BUSINESS CASH CASH
In the United States alone, companies hold more than $4.5 billion in cash on their balance sheets, depreciating in value every year.
With the introduction of new accounting rules, it will be easy for institutions to hold BTC on their balance sheet.
2๏ธโฃ OBLIGATIONS
Right now, there are over $10 trillion in bonds yielding 0% or negative, and that money will flow into BTC.
3๏ธโฃ GOLD MARKET SHARE
BTC is the new digital gold and it has all the characteristics that make gold money.
Gold has an MCap of $12 trillion, and now with the approval of spot ETFs, it will be even easier for gold investors to dump their gold and hold BTC.
๐โ๐๐ก ๐โ๐๐ข๐๐ ๐๐๐ข ๐ท๐ ?
๐ Keep utility parts
๐ Don't panic, and always check before taking any action
๐ Book profits when there is euphoria
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Source: Crypto-ashes
#BTCETFSPOT #BTC๐ฅ๐ฅ #Ethereum
