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Bitcoin returned this week after exceeding $ 104,000 before he withdrew a little. The rally, which began around May 7, fueled the world’s largest cryptocurrency from USD 93,000 to USD 104,000 to 9 May.
After withdrawing 4% in the next 24 hours, Bitcoin He still maintained a weekly boost of about 6%. This brief -term action now causes larger forecasts, including those that forecast Bitcoin, will boost another 10 times in value.
Another 10 -time “inevitable” jump, says the expert
Mueneeb Ali, the brain behind the stars of the Bitcoin Layer 2 solution, believes that the next giant jump is inevitable. In his opinion, Bitcoin has already taken three clear steps in his price trajectory: from 100 to 1,000 USD, then up to USD 10,000, and then to over 100,000 USD.
I saw Bitcoin Go:
– from 100 to 1000 USD.
– from $ 1000 to USD 10,000.
– from $ 10,000 to $ 100,000.One more from USD 10,000 to USD 1,000 is inevitable.
– muneb.btc (@muneb) May 8, 2025
Ali pointed out how every move took more time, but followed the friend’s pattern. In 2013, Bitcoin increased from 100 to $ 1000 in four months. Four years later, in 2017, it reached USD 10,000. By December 2024, it exceeded $ 100,000. Based on this path, Ali said that another 10 -fold jump to $ 1 million is not only likely – he is “inevitable”. However, he did not explain what would actually lead to this kind of growth.
Fresh sees projection 116 thousand USD next month
The latest bitcoin price forecast according to Coincodex has a 13% boost and they reach $116 600 June 82025. Technical analysis indicates a positive trend, with 20 out of the last 30 days (67%) locked in positive. At the same time, Bitcoin recorded 6.50%price variability.
Source: Alternative.me
The Fear & Greed index is currently 73, or greed. Although this forecast is not yet fully indicated to reach $ 1 million, it confirms the view that Bitcoin is still taking place in the near future.
Entering the US government can accelerate
Zack Shapiro, a Bitcoin Policy Institute lawyer, also believes that Bitcoin has great potential – and speedy. He studied the Bitcoin Act name, which was re -introduced in March last year. The Act proposes to buy the US government 1 million btc within five years. This accounts for 5% of total supply.
If it is adopted, the Act would finance the takeover with gold profits. Shapiro pointed out that such a plan would plant such high demand, drives bitcoins to $ 1 million earlier than expected. This was provided that the invoice is gaining momentum and secures the required financing.
A distinguished picture from Gemini Imagen, chart from TradingView
