Bitcoin’s Price Predictions: Will It Soar or Just Sputter? 🤔💰

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Ah, Bitcoin! The digital currency that has more ups and downs than a pogo stick on a trampoline. The host of the wildly popular YouTube channel InvestAnswers has decided to take a stab at predicting where this rollercoaster ride might end by year’s end. Spoiler alert: it’s not exactly a crystal ball moment.

In a recent video that I can only assume was filmed in a basement filled with energy drinks and existential dread, our analyst friend uses something called the global M2 money supply. Now, if you’re like me, you might be wondering if that’s a fancy new cocktail or a financial term. Spoiler: it’s the latter. This measure tracks the amount of money sloshing around the financial system, and our analyst thinks some of that freshly minted cash could trickle into Bitcoin. Because, why not?

According to InvestAnswers, the most “reasonable” expectation is that a mere 0.5% of this new money will find its way into Bitcoin, which would miraculously catapult the price to around $115,000. Yes, you heard that right—$115,000! That’s a number that makes you want to do a little happy dance, or at least a cautious shimmy.

“There are 15 million Bitcoins in circulation, but remember, five million are lost. Yes, lost! Like your socks in the dryer. The current market cap is a staggering $1.637 trillion, and if just 1% of this new money flows into Bitcoin, we could be looking at a price of $146,000. But let’s not get too excited just yet.”

“I’m not convinced it’ll reach those dizzying heights. I’m thinking more along the lines of half a percent or even a quarter of a percent. It all hinges on adoption and some nation-state game theory. Imagine a country printing money to buy Bitcoin—now that’s a plot twist worthy of a Netflix series!”

“The first nation to print money to buy Bitcoin wins. That’s the game, folks!”

“So, if just half of one percent of the new global M2 flows into Bitcoin, we could see a price of $115,000. That’s a 37.58% increase, which has some folks groaning, ‘$115,000? That’s it? I want a million!’ Well, my dear dreamers, that’s not how markets work. There are still plenty of people out there predicting a half-million-dollar Bitcoin by year’s end. I’m not buying it. $250,000? Nope. $120,000? Maybe, if the stars align and the universe decides to play nice.”

“My target has always been around $119,000 to $120,000 since 2023. We’ll see if we get there.”

As of this very moment, Bitcoin is worth a cool $82,100. So, if you’re holding onto your Bitcoin like it’s a winning lottery ticket, just remember: the future is as unpredictable as a cat on a hot tin roof.

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2025-03-31 12:22