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The Path to Bitcoin 1 Million
8 months ago
197
The Steps to Bitcoin 1 Million.
1. New administration. Some form of Bitcoin Strategic Reserve. New SEC chair. MSTR deploys 10 Billion in converts. Bitcoin 150K by end of Q1.
2. Major ETF adoption. 2025 Inflows hit 100 Billion+. Sovereigns announce Reserve funds. At least one Mag 7 buys some BTC. Advisors are all allocating. Bitcoin ends 2025 at 420K.
3. We grind up from 420K to 1MM by 2029. Along the way, IBIT crosses SPY as the top ETF. MSTR hits 1 Trillion market cap.
The power law still holds. The four year cycle dies. If you held on, you did very well.
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