In 2022, Bitcoin experienced a significant 65% price drop, but it swiftly rebounded with a remarkable 154% surge. Fueled by gains in the cryptocurrency and stock markets. Despite currently hovering around $43,000, a considerable distance from its November 2021 peak of nearly $69,000, optimistic investors anticipate a bullish trajectory toward $100,000 by 2025.
Understanding Bitcoin’s uniqueness is crucial. Unlike many cryptocurrencies, Bitcoin operates in a truly decentralized manner, devoid of control by any single entity or group. Recognized by the Securities and Exchange Commission (SEC) as a commodity, akin to traditional assets like wheat or gold, Bitcoin differentiates itself from stock-like securities.
Comparisons to gold or fiat currency reveal Bitcoin’s superior value-holding characteristics. It surpasses gold in portability, divisibility, and transactability. Its finite nature, with only 21 million coins in circulation, ensures immunity to supply increases based on demand, unlike gold.
In contrast, the flaws of fiat currencies, exemplified by the U.S. dollar, are evident. Bitcoin’s appeal lies in its immunity to central authority manipulation, making it an attractive asset amidst escalating money supply and interest rate adjustments.
Bitcoin’s Ascension: A Case for $100,000 by 2025
The SEC’s recent approval of spot Bitcoin exchange-traded funds marked a significant milestone, solidifying Bitcoin’s status as a legitimate asset in traditional financial institutions. This approval provides both individual and institutional investors with an accessible route to Bitcoin exposure.
Looking ahead, the impending halving scheduled for April holds particular significance. Occurring every four years, the halving slashes miners’ transaction approval rewards in half. Historical patterns indicate that Bitcoin experiences a bullish trend in the months leading up to and following a halving, driven by a reduction in new supply and increased demand.
Bitcoin’s unique qualities have positioned it as one of the decade’s top-performing assets, boasting a current market cap of $844 billion. The forthcoming halving is anticipated to serve as a catalyst, propelling Bitcoin’s upward trajectory, and it is plausible that, by the end of 2025, Bitcoin could set a new all-time high, surpassing the $100,000 milestone as various factors align favorably.
Want to learn more about bitcoin mining or start mining yourself?
“This data underscores considerably stronger profitability in the mining sector compared to challenges experienced in 2022 and part of 2023.”
In approximately six months, Bitcoin undergo a “halving,” reducing the new bitcoins awarded to miners by half. Satoshi Nakamoto introduced this event in 2009 as an anti-inflationary measure. Occurring roughly every four years, the lead-up to halvings traditionally proves the most profitable time for crypto investors. “Buying bitcoin six months before a halving and selling 18 months after has historically outperformed a ‘buy and hold’ strategy,” affirms the analyst.
Bitcoin mining explained.
Bitcoin Mining is the industry where the largest institutional party BlackRock is betting big and has recently become majority shareholder in four of the five largest mining companies.
You buy one or more Bitcoin mining machines and within 6-8 weeks it is mining for you with a current rate of 5.2 cents including hosting. Security and maintenance. What does a miner cost? How can these power rates be so low? Want to know more?
Attend the free Q&A about mining:
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Also you can calculate profit in this spreadsheet
Full article about mining in depth you can find here. Bitcoin mining – Buy Low Mine High.
The simple way how smart investors can profit from a broken banking system. How crypto miners made 16.7 billion USD in 1 year and how we can get a piece of it. How anyone can make money with crypto mining within 4-8 weeks, regardless of your knowledge or experience.