When Could Bitcoin ‘Realistically’ Reach $1.000.000?

When Could Bitcoin ‘Realistically’ Reach $1.000.000?

bitcoin’s going to a million dollars did you throw anything at the screen okay look I know it’s been rough few weeks guys for Bitcoin I get it I get it Bitcoin has been in down only mode although the current prices are still insane if we compare them to where we were a year ago perspective right recency bias can really cloud your vision to where we are in the market and how to perceive things in times like this it can feel harder to be bullish and a $1 million Bitcoin seems like a distant Prospect and an absolute idea to even talk talk about but $1 million is only what 20x from here bit less actually not so crazy when you realize that only four years ago we briefly saw a sub $4,000 Bitcoin that’s also nearly a 20x compared to where we were just recently in this video I’ll take you through a few models that each make their own $1 million bitcoin price prediction and I’m here for the $1 million Bitcoin it’s zero or a million man and $1 million may not be that far in the future and it can help to have something to look forward to of course as well while the market is giving you all these tough battles to fight look as long as central bank money printers keep diluting our purchasing power Bitcoin will attract money inflows from people who look for a store of value Beyond Fiat something comparable to what real estate is currently for many investors yeah okay Bitcoins volatile but it’s still a store value it only goes up over time big time frame just look at in recent months where the real estate market collapsed and Retail investors flocked to Gold why did they flock to Gold I bet a lot more would have bought Bitcoin it’s just not so easily available there right now maybe China will get an ETF at some point Hong Kong did talking about gold and real estate let’s compare the size of these and other markets to bitcoin here’s a chart of the total market cap of all Financial assets look at how tiny Bitcoin is it’s a speck of dust it’s stores only a fraction of a percent of the total Global wealth it’s still roughly 101 times smaller than gold and Gold’s moving up in price so bitcoin’s got to run to catch up point being there’s a lot of room to grow for a digital native asset and an increasingly Digital World especially one that’s so unique like Bitcoin a $1 million doll Bitcoin to put the market cap between gold in the US Stock Market approximately which are moving targets again so by the time we go that direction those probably have also grown a lot now let’s turn to some more concrete predictions to get an idea of the big let’s look at some concrete stuff Ark invest the investment fund focused on Innovation looked at different use cases or addressable markets for Bitcoin for example will Bitcoin get increasing adoption as a corporate treasury Reserve asset in the way that micro strategy has used it well we’ve seen some small companies like the Japanese company metap planet for example there’s a big think meet me who in China companies have been doing it will we see it uh as as a currency for emerging markets well Arc lists these and others as use cases and estimate the penetration rate for each by 2030 for example their base Cas is that 2.5% corporate treasuries in 2030 will consist of Bitcoin well there’s no guarantee that this is what’s going to happen it also doesn’t seem that outrageous to be honest especially if another big company like Tesla which already has it or maybe Facebook gets in adding up the addressable markets in bearish base and bullish scenarios are gets at three different price targets for 2030 the base case is $682,000 per coin the bull case 1.48 million per coin and they’ve upped that recently to 3.3 million by the way even the be case predicts a bitcoin price above $200,000 which is still a great run from here obviously there are a lot of assumptions here and a lot of uncertainty and going in that direction by 2030 because who knows if the use case of Bitcoin is a corporate treasury asset will really take off or any of the other use cases they highlight but the flip side is that BTC can fulfill many use cases at once and the price Target doesn’t depend on the success or failure of any one particular use case if all of them do kind of okay and one of them doesn’t then we’re doing really good now before we get into the Bitcoin power law model which is a super interesting way to look forward let me just interrupt the flow real quick to let you know about the wealth Mastery newsletter the best newsletter in the crypto industry my team of researchers 10 people putting this thing together every week and I work very hard to bring you the latest and the best opportunities and the best news that’s moving the markets from meme coins airdrops defi altcoins charts and much much more join our 125,000 weekly readers for free yes I said free by signing up using the link Down Below in the description on YouTube or the pinned comment over on X okay time for some technical analysis and let’s zoom out here’s the Bitcoin power law model which uses logarithmic scales on both the price axis and the time axis what the model roughly says is that it takes Bitcoin 50% extra time measured from its Genesis to go up another 10 times in value the model very interestingly has held up since BTC was worth pennies of course there are wide uncertainty bands within this volatile range price jumps up price jumps down by wild extremes but it’s the middle Green Line the so-called linear regression line that represents the fair value and we’re currently close to that level now before we get too excited and start looking at when we will reach a million dollars heck why not $10 million a warning first just know that the fact that the BTC price has followed this model doesn’t mean it necessarily will do it forever to bring this point home here is the price of Caspa new cryptocurrency might have heard of it plotted in a power law distribution you can see Caspa has been holding up for a little over two years since its Inception does this mean that Caspa will also go to a million dollar at some point probably not will Caspa stay in the power law cordor forever probably not most altcoins will fail after or two Market cycles and look guys I’m not wishing cast don’t Caspa afficianados get out of the comment section okay it’s just an example we’re not trying to trash on Caspa it’s just an example okay but look we have to of course be realistic about you know multi-decade potential for some of these assets okay again as a caveat before we will zoom in on the price targets just know that a model doesn’t give an asset some kind of magical powers okay past performance does not equal future performance etc etc this is all Al every turkeys yes turkey like the gobble gobble creatures experience its weight and its sense of security also go up on a straight line until they don’t anymore right before Thanksgiving yeah wait so lar are you saying that the Bitcoin price could just drop to zero like the unfortunate turkey no no unlike the turkey Bitcoin is not butchered at uh uh Thanksgiving Bitcoin is a major invention that can’t be uninvented I talked about that in a recent video you can go and check that out but there is no way that the world can unsee Bitcoin this is a tool to protect people against monetary debasement in the Caesar of assets by governments which is becoming more and more relevant every single day it’s also quite unlikely that a competing coin will oust Bitcoin as the leader it’s a protocol and it has reached escape velocity compare it to the protocol for exchanging emails SMTP that’s been going fine for decades How likely is it that a different protocol will come up and replace this deeply entrenched protocol not super likely so with the base case that Bitcoin won’t go away central banks won’t stop printing money let’s treat ourselves to some well-funded well-founded opium and zoom in on the power laws models $1 million date you can see a $1 million as a fail value for BTC according to this model will be reached somewhere in 2032 which is actually very interesting because if you go on the fouryear cycle that’s a bull year that’s a bull year 2024 25 then 2028 29 2032 33 those are the bull market years for the next decade okay Mark them down somewhere look 2032 is not even that far away I can wait I can wait for that I’m still going to have my Bitcoin then now step away from the technicals and think about why the price of Bitcoin would even go up that high what realistically is going to push it there what’s behind number go up technology well you might have heard about meta’s law which is a way to assess the value of communication networks which Bitcoin is a monetary communication Network the law states that the value of a network grows exponentially with the number of users the question then becomes how fast does the number of Bitcoin dresses grow and how can we project that growth into the future well here’s a chart of different Technologies getting adopted such as telephones uh internet users stuff like that you see that BTC is on a similar steep trajectory as previous success stories have been these charts by the way are all by jurian Timmer from Fidelity the company with which has one of the biggest Bitcoin ETFs by the way Fidelity Bitcoin Bulls Black Rock Bitcoin Bulls zoom in a bit here too on this chart from a few months ago the number of Bitcoin addresses with a balance greater than a dollar the orange line is below the mobile phone growth model and even slightly below the internet users model but Bitcoin is still on Trend and it has not broken its own adoption curve it’s still going up Jan Timmer also notes that in his view it’s not just adoption that correlates with price but also so-called real rates this means that the more interest rates are above Consumer Price inflation the worse it is for BTC with positive real rates money floods to money market funds where people get real yield on their dollars on the other hand whenever interest rates are below inflation rates people see no point in Saving and of course then flock over to risk assets such as tech stocks and crypto although recently we’ve seen an inversion of this where we have the interest rates above inflation and cryptos booming tech stocks booming Etc now another way to look at this is that the fed’s interest rate policy can accelerate or slow down the rate of adoption so Timber on this chart draws two lines of projected adoption the projection is based on how fast the internet in the past was adopted the top one is based on minus 2% real rates and the bottom at 2.5% plus real rates which is by the way where we are right now with around 5% or little over 5% so when will we reach a million dollars well I have not found this model on a chart that extends to a million doll BTC price but considering the slope that we see here in the logarithmic ya axis it points to the early 2030s which is something I you know all this evidence proof here in this video is something I’ve been saying for a long long time 2030s we’re going to see a million dollar Bitcoin and you got to remember that you’re going to see a lot of people calling for a million Bitcoin when Bitcoin goes up to 200k it’s going to a million bucks next a lot of people get trapped and they don’t take any profits the market and screw themselves over once again million dollar Bitcoin is coming but it’s not coming probably until the 2030s so look Bitcoin as a financial asset I believe has a lot of room to grow before it reaches levels comparable to its more mature siblings like gold its price growth will depend on adoption rates and the degree to which central banks continue to print Fiat into set interest rates which given their history is going to be significant but based on some models by renowned institutional analysts it seems totally possible that Bitcoin reaches the $1 million price Target in the early 2030s or in the most bullish scenarios even just before 203 maybe 2029 bull market we shall see my money though 2032 2033 that sounds like a good time thanks for watching

When could Bitcoin ‘realistically’ reach $1.000.000?
🔥 GET MY FREE NEWSLETTER 👉 https://cryptolark.co/WEALTH_MASTERY

💎 BITGET 👉 $30,000 IN BONUSES ►► https://cryptolark.co/BITGET30K

💸 BYBIT $30,030 BONUS & FEE DISCOUNT 👉 https://cryptolark.co/BYBIT

💡💡💡 ESSENTIAL CRYPTO KNOWLEDGE 💡💡💡
🔥 GET MY FREE NEWSLETTER 👉 https://cryptolark.co/WEALTHMASTERY
💎 BITCOIN INVESTING COURSE 👉 https://cryptolark.co/BTCCOURSE
🔑 ALTCOIN INVESTING COURSE 👉 https://cryptolark.co/ALTCOIN
💹 CRYPTO TRADING COURSE 👉 https://cryptolark.co/TRADING

🧨🧨 FULL PORTFOLIO AND DISCLOSURE OF VENTURE INVESTMENTS 🧨🧨

Lark Davis Crypto Portfolio & Disclosures

⭐️⭐️⭐️ GET IN TOUCH ⭐️⭐️⭐️
🎬 SPONSORSHIP REQUESTS https://cryptolark.co/SPONSOR
🎙 MEDIA REQUESTS https://cryptolark.co/MEDIA

🌟🌟🌟 BEST EXCHANGES TO BUY CRYPTO 🌟🌟🌟
💰 BINANCE: BEST EXCHANGE FOR BUYING CRYPTO IN THE WORLD
👉 10% OFF FEES & $600 BONUS ►► https://cryptolark.co/10
📺 BINANCE TUTORIAL: https://www.youtube.com/watch?v=2tZ6sEyx56s

🐙 USA #1 EXCHANGE TO BUY AND SELL CRYPTO
👉 BUY BITCOIN ON KRAKEN ►► http://cryptolark.co/KRAKENBTC

⚜️⚜️⚜️ TOP CRYPTO SERVICES & PRODUCTS ⚜️⚜️⚜️
🔢 #1 CRYPTO TAX SOFTWARE – IF YOU OWN OR TRADE CRYPTO YOU NEED THIS
👉 COINLEDGER https://cryptolark.co/CRYPTOTAX

🤵 NUMBER ONE BROKER – PROFESSIONAL PERSONAL WEALTH MANAGEMENT
👉 CALEB & BROWN – 30% OFF ►► https://cryptolark.co/CB

🔒 BEST CRYPTO WALLET TO KEEP YOUR ASSETS SAFE
👉 BUY LEDGER WALLET HERE ►► https://cryptolark.co/LEDGER

NOTE: The above are affiliate links and I receive a commission when you use these links to start your accounts. Using any cryptocurrency platform involves risk which may result in a complete loss of funds. Futures trading is a high-risk activity and should only be undertaken by those who understand the risks and are prepared to sustain a complete loss of funds. Thank you for your support.

00:00 Intro
00:24 A Lot of Room to Grow
03:01 ARK Thesis
04:52 Power Law Model
09:26 Adoption Curves and Real Rates
12:18 Conclusion

#bitcoin #crypto #investing
Subscribe for more great crypto videos https://www.youtube.com/channel/UCl2oCaw8hdR_kbqyqd2klIA

Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.