BTC four-year bull and bear cycle theory BTC's Genesis Block was mined by Satoshi Nakamoto on January 3, 2009, marking the official birth of BTC. Influenced by the four-year cycle of Halving in BTC's supply, the price of BTC follows a cycle of bull runs and bear markets every four years. It reached ATH, the peak of Bull Market, in November 2013, December 2017, and November 2021 respectively, and then entered a long Bear Market. BTC price was first recorded in May 2010, when someone spent 10,000 BTC to buy two pizzas, with each BTC priced at 0.01 USD. Throughout these three bull and bear cycles, the price of BTC has increased by ten million times from 0.01 USD in 2010 to 100,000 USD today, making it the most remarkable asset globally in the past 20 years. Where is the end point of BTC? In 2018, the godfather of BTC wrote in the "Coin Hoarding Guide": "The total world wealth is rising at a rate of 6% per year. After 10 years, the total amount will be 1.8 times the current amount, and after 20 years, the total amount will be 3.2 times the current amount. Therefore, assuming that the storage function of BTC is widely recognized after 20 years, its price should be 160 million RMB."
There are many speculations about the future value of BTC:
MicroStrategy CEO Michael Saylor said in a recent interview that BTC will reach $13 million in 2045, with an average annual growth rate of 29% over the next 21 years.
Represented by Twitter founder Jack Dorsey and Cathie Wood, the advocate of gold replacement theory believes that BTC can reach 1-1.5 million US dollars per coin in the next 10 years.
Renowned Bitcoin price modeling forecaster PlanB's Stock to Flow model suggests that by 2030, the price of BTC will approach $25 million!
With more and more compact global pump-priming, BTC denominated in fiat currency will become increasingly expensive, which begs the question: is the price of BTC rising, or is something else falling in relative value? BTC will always be 21 million coins, neither happy nor sad.
If you find this prediction incredible or even think it's nonsense, then we'll give you a sentence from Satoshi Nakamoto in the BTC White Paper:
If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry. (If you don't believe me or don't understand, I don't have time to convince you, sorry.)
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#BTC breaks $100K ATH, setting a new record! #BTC上涨突破$100K大关,再创新高! Bitcoin breaks $100,000, a historic moment witnessed by the world, and BTC opens up another new milestone!
BTC four-year bull and bear cycle theory
BTC's Genesis Block was mined by Satoshi Nakamoto on January 3, 2009, marking the official birth of BTC. Influenced by the four-year cycle of Halving in BTC's supply, the price of BTC follows a cycle of bull runs and bear markets every four years. It reached ATH, the peak of Bull Market, in November 2013, December 2017, and November 2021 respectively, and then entered a long Bear Market.
BTC price was first recorded in May 2010, when someone spent 10,000 BTC to buy two pizzas, with each BTC priced at 0.01 USD. Throughout these three bull and bear cycles, the price of BTC has increased by ten million times from 0.01 USD in 2010 to 100,000 USD today, making it the most remarkable asset globally in the past 20 years.
Where is the end point of BTC?
In 2018, the godfather of BTC wrote in the "Coin Hoarding Guide": "The total world wealth is rising at a rate of 6% per year. After 10 years, the total amount will be 1.8 times the current amount, and after 20 years, the total amount will be 3.2 times the current amount. Therefore, assuming that the storage function of BTC is widely recognized after 20 years, its price should be 160 million RMB."
There are many speculations about the future value of BTC:
MicroStrategy CEO Michael Saylor said in a recent interview that BTC will reach $13 million in 2045, with an average annual growth rate of 29% over the next 21 years.
Represented by Twitter founder Jack Dorsey and Cathie Wood, the advocate of gold replacement theory believes that BTC can reach 1-1.5 million US dollars per coin in the next 10 years.
Renowned Bitcoin price modeling forecaster PlanB's Stock to Flow model suggests that by 2030, the price of BTC will approach $25 million!
With more and more compact global pump-priming, BTC denominated in fiat currency will become increasingly expensive, which begs the question: is the price of BTC rising, or is something else falling in relative value? BTC will always be 21 million coins, neither happy nor sad.
If you find this prediction incredible or even think it's nonsense, then we'll give you a sentence from Satoshi Nakamoto in the BTC White Paper:
If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.
(If you don't believe me or don't understand, I don't have time to convince you, sorry.)