Bitcoin might hit the historically ATH by 2025, at $200k.
Government attention, company adoption, and global economic conditions all point to Bitcoin’s advantage.
U.S. could build a strategic Bitcoin reserve. Proposed by Senator Cynthia Lumis is acquiring one million BTC over five years, or about 500 BTC daily.
While small governments like Bhutan have discreetly been mining Bitcoin and building significant reserves, others like El Salvador have approved the medium of transaction.
Tech giants like Microsoft could turn to BTC as a store of value. Should Microsoft or other giants like Facebook and Apple choose to invest in BTC, it might trigger a tsunami of institutional buying, hence driving up the value of Bitcoin.
According to Davis, demand for recent Bitcoin ETF introductions has been unheard-of.
Retail curiosity in Bitcoin is rising, and Coinbase and Crypto.com have seen notable increases in their app rankings.
The lowering of world interest rates serves as another driver of a Bitcoin price explosion.
China has also revealed a $1.4 trillion stimulus plan which will provide extra liquidity for world markets.
Davis speculates that BTC would peak 12 to 18 months following the most recent halving, therefore positioning its probable peak between April and November 2025.