A distributed, worldwide, decentralized digital money With all this said, this is just a price predictor made by an amateur based on a very simple principle Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever
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There is no government, company, or bank in charge of bitcoin
As such, it is more resistant to wild inflation and corrupt banks.
The impact on price per $500million is about $1,800 gains After that, all bets are off If the flow continues, even if it’s at a lower rate, btc goes to 100k with relative ease This is, as you say, all based on math
There’s a very real possibility that btc soars much higher than many of us can currently. Here are some expert price predictions for bitcoin Robert recently said bitcoin could even soar. How can we be so sure that the 2025 peak in the bitcoin price will ever happen
This pattern of historical price movements is all relied on buying pressure
People knowing about the cycle and trading it is what makes the cycle What if people lose interest and we lose the buying pressure forming the cycle? If you've never experienced a bitcoin halving before, or if you have but are unsure what to expect, i've done a bit of research based on the last halvings So if this graph is anything to go by, we could see $282k bitcoin in 2025
