Bitcoin (BTC) has plunged nearly 45% from the all-time high it recorded last October, falling back to levels seen at the 2021 peak. However, experts are unanimous that this may be a rare opportunity to more than double one’s investment. The current price correction is showing patterns similar to past cycles, fueling expectations that Bitcoin could surpass $150,000 in the near future and potentially even reach $1 million over the long term.
According to cryptocurrency-focused outlet Watcher Guru on February 10 (local time), Bitcoin fell to as low as $62,822 on February 6, returning to levels seen at its 2021 peak before staging a modest rebound. Based on CoinGecko data, Bitcoin has declined 1.7% over the past 24 hours, 12% over the past week, and 23.5% over the past month, signaling a textbook entry into a bear market. Compared with the all-time high of $126,080 achieved last October, the price has been nearly cut in half.
Nevertheless, market analysts note that Bitcoin’s price movements tend to follow a recurring cycle and argue that the probability of setting a new record high in the next bull market is very high. After peaking at $68,742 in 2021, Bitcoin plunged to around $15,000 within a year, only to stage a dramatic recovery by breaking through the $100,000 mark in December 2024.
Based on these cyclical patterns, Bernstein predicts that Bitcoin will surpass $150,000 sometime in 2026. If an investor were to buy Bitcoin at current price levels and the market reaches $150,000 as forecast, the initial investment would more than double. This suggests that the prevailing fear in the market could, in fact, represent an optimal buying opportunity.
Looking further ahead, industry heavyweights assess Bitcoin’s long-term potential even more optimistically. Binance founder Changpeng Zhao (CZ) has forecast that Bitcoin could rise to between $500,000 and $1 million. Similarly, ARK Invest CEO Cathie Wood and prominent Bitcoin maximalist Michael Saylor have both expressed strong conviction that Bitcoin will ultimately reach a seven-figure price level of $1 million.
In conclusion, accumulating Bitcoin at current prices could theoretically yield a twofold return if it reaches $150,000, and more than tenfold returns if it climbs to $1 million over the long term. While short-term volatility and the risk of further declines remain, historical cycles and expert long-term outlooks indicate that now may be an attractive entry point.
*Disclaimer: This article is for investment reference only, and no responsibility is taken for any investment losses incurred based on this information. The content should be interpreted solely for informational purposes.*
<저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
|
  많이 본 기사
English 많이 본 기사
|
