“Bitcoin To $1.4 MILLION, Here’s WHY” Crypto Expert NEW 2024 Bitcoin Prediction

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This Bitcoin expert believes that Bitcoin is heading to $1 million dollars.

Cory Klippsten is the founder & CEO of Swan and he is all in on Bitcoin.

Cory has been in Bitcoin since nearly the beginning and made millions from spotting the opportunity early. He’s now also been an angel investor in over 40 Venture Capital backed tech companies.

So when it comes to Bitcoin, he knows his stuff.In his latest interview, he spoke on the impact the spot Bitcoin ETF’s are going to have and why he believes the diminishing returns theory about Bitcoin is going to be broken this cycle.

He also speaks on why he believes Bitcoin will see a vicious crash of 40% more in 2024. Like it always doesMake sure to stick around to the end of the video where Cory also breaks down why he has a $1 million dollar price target on Bitcoin by 2030.

And that’s in 2020 true value, meaning accounting for inflation, Cory expects Bitcoin to be between 1.3 and 1.4 million dollars by 2030.

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“Bitcoin To $532,000, Here’s WHY” Crypto Expert NEW 2024 Bitcoin Prediction

One thing I am pretty sure of is I think that the uh diminishing returns uh per cycle will probably be broke in this cycle diminishing returns meaning that the the increase in the Bitcoin price will be higher rather than lower 2 to 1100 in 2013 like a $2 low to 1100 that was

550x and then you went from like 180 to 9 187 in in 2017 which interestingly was 20% of the rise that was 110x and then you went from 3150 to just shy of 69k uh which was actually 20% again it was 22x so you literally geometrically went 550 110 22 there’s no

Way we’re going to see like a 4.4x rise off the bottom of 16k it’s going to be higher than that right so at least that that geometric reduction in in the the cycle low to high is definitely going to break it breaks if you get through 70k

So if you get a new alltime high you’ve broken the geometric diminishing returns hisory history okay sorry I thought you said four and a half or I guess that more like 80 4.4 time 16 yeah okay that’s 70 yeah I mean and all I can

Say here is like I I will stick to my long-term Target that I’ve been giving since 2020 in $220 a million dollar a coin by 2030 and everything else is just a guess but like I’ll stick to that and I don’t know what that’s going to be in

Uh in nominal terms by then it’ll be at least it’ll have to be at least 1.3 or 1.4 accounting for inflation over the course of the decade but yes in $220 my 2030 prediction is a million dollars a coin or sat scent parody this Bitcoin expert believes that Bitcoin is

Heading to $1 million Corey clipston is the founder and C CEO of Swan and he is all in on bitcoin Cory has been in Bitcoin since nearly the beginning and made Millions from spotting the opportunity early he’s now also been an angel investor in over 40 Venture

Capital backed tech companies so when it comes to bitcoin he knows his stuff in his latest interview he spoke on the impact the spot Bitcoin ETFs are going to have and why he believes the diminishing returns theory about Bitcoin is going to be broken in the next cycle

He also speaks on why he believes Bitcoin will see a vicious crash of 40% or more in 2024 like it always does make sure to stick around to the end of the video where Corey breaks down why he has a $1 million price Target on bitcoin by 2030

And that’s in 2020 True Value meaning accounting for inflation Cory expects Bitcoin to be between 1.3 and $1.4 Million by 20130 also guys only a small percentage of my viewers are actually subscribed if you enjoy Finance content consider subscribing or liking the video it’s free and you can always change your

Mind now here’s Cory clipston on his Bitcoin outlook look it’s going to be big you know and there are there are pros and cons to it obviously you’ve got a bunch of Bitcoin going into third party custody and you know kind of US Government kind of having a little bit

More control over that pile is what it is um but at the end of the day if you want to have Bitcoin and you want to use it privately and you want to have it in self custody can and that’s still the law of the land and it’s still going to

Be the law in many jurisdictions around the world regardless of what the US does so it’s definitely not an existential threat for Bitcoin and it is a massive Pro for Price development yes I expect this to usher in a ton of capital flowing into Bitcoin I expect Super Bowl

Ads uh I expect NBA playoffs to be papered every golf tournament next year it’s just going to be advertising Bitcoin ETFs I mean it’s it’s going to be a massive land grab for these guys because you know as you know like when you want to trade NASDAQ it’s the cues

You know most of the liquidity is in one ticker right and the spreads are tightest with one ticker and that’s just how it goes so they’re going to really really try to battle it out as as much as they can and try to get as much of

This market share and it’ll probably end up being you know 70% to one of those tickers and 20% to the second and everybody else will split the last 10 is usually how it works with these uh category ETFs so uh yeah they’re going to go nuts next year trying to win that

But I just I have to say though I just I just want to say like don’t trade this like buy Bitcoin that you’re going to hold for 10 years there will be a vicious pullback at some point there will be a what feels like a crash in

2024 because there always is it’ll pull back like at least 40% on the way up to wherever it’s going mark my words there will be at least a 40% drop in the Bitcoin price at some point because there always is and so if you don’t understand understand Bitcoin like

Anything uh you know buy what you know you should invest a lot of your time and effort trying to understand Bitcoin so that you have the conviction to hold for the five or 10 years that you’re going to need to make it worth all of the pain

Of the volatility along the way and your family calling you an idiot when it’s down 70 80% after the next crash whatever it is like be prepared to steal yourself to weather the storm you know we weren’t all smiling last year oh 100K in 2024 I’ll I’ll be happy with a new

Nominal alltime high in 2024 honestly like that would be fine I I don’t mind it building slowly over the course of the year and I think there is going to be some ugly regulatory attempts and news and they’ll probably try to jam through and like like ban on self-

Custody and an Appropriations bill or whatever we’re worried about with Warren right now um you know I there’s always something out of left field that quashes the unblocked just rocket ship ride up it never just quite happens that way there’s always something that that pops up so there will be something that pops

Up I don’t know what it is but yeah I think uh it’s certainly possible that we see an earlier bull market if you sort of look at the four-year Cycles you know reaching some kind of high in 24 would be super early usually according to the

Previous ones it was end of 13 end of 17 end of 21 so we’d be looking at like end of 25 does feel like it’s off to uh an early start and it does feel like maybe that means it’ll burn out early you know there’s certainly a lot of folks myself

Included that think you know based on the data the the real high in the last cycle was actually April of 21 and that the second one was just a a leverage fake pump mostly for salana holders to try get to get out of their bags so they had to drive Bitcoin

Up falsely there was just there was just no retail interest basically after after May of 21 that was all institutional it was all leverage and it was all just the the ponzi’s last gasp essentially that drove the uh the November 21 69k High so yeah I mean four years after that would

Be April of 25 and if the Cycles are getting shorter because people are kind of more attuned to the Dynamics of the having and kind of the the decrease in marginal supply because of the reduced um block rewards each each having you know you could see the you could see the

Bull Peaks pulled closer to the having each cycle one thing I am pretty sure of is I think that the uh diminishing returns uh per cycle will probably be broke in this cycle diminishing returns meaning that the the increase in the Bitcoin price will be higher rather than lower 2 to

1100 in 2013 like a $2 low to 1100 that was 550x and then you went from like 180 to 197 in in 2017 which interestingly was 20% of the rise that was 110x and then you went from 3150 to just shy of 69k uh which was actually 20%

Again it was 22x so you literally geometrically went 55010 22 there’s no way we’re going to see like a 4.4x rise off the bottom of 16k it’s going to be higher than that right so at least that that geometric reduction in in the the cycle low to

High is definitely going to break it breaks if you get through 70k so if you get a new all-time high you’ve broken the geometric diminishing returns hisory hisory okay sorry I thought you said four and a half or I guess that more like 80.4 time 16 yeah

Okay that’s 70 yeah I mean and and all I can say here here is like I I will stick to my long-term Target that I’ve been giving since 2020 in $220 a million dollars a coin by 20130 and everything else is just a guess but like I’ll stick

To that and I don’t know what that’s going to be in uh in nominal terms by then it’ll be at least it’ll have to be at least 1.3 or 1.4 accounting for inflation over the course of the decade but yes in $220 my 2030 prediction is a million

Dollars a coin or sat Cent parity so there’s Cory clipston a true Pioneer in the Bitcoin world and an astute Observer of the cryptocurrency landscape his predictions for Bitcoin reaching an astounding $1 million by 2030 considering inflation paints a bold and optimistic future for the digital currency his belief in Breaking the

Diminishing returns Theory and his analysis of the impact of a spot Bitcoin ETF truly offers a unique perspective on where Bitcoin could be heading thank you so much for watching and remember this is just one expert’s opinion as always make sure to do your own research anyway

Guys hope you all enjoyed today’s video and that provided you with some value I’ll see you all in the next one and as always all the best