Bitcoin is projected to reach $150,000, but not for another 3 to 5 years. Historically, before reaching a new high, there's typically a significant decline, often leading to a $25,000 to $30,000 BTC before hitting $100,000 or $150,000. This pattern has held since Bitcoin's inception in 2009. The current peak of $74,000 in 2024 is the highest it's ever been, suggesting it will take another 3 to 5 years to surpass. Rushing for quick profits often leads to heavy losses, so patience is key. Avoid falling into the trap of expecting rapid gains and heed caution to avoid substantial losses.