Potential path to $150k bitcoin by late 2024 or mid 2025:
1. Money from BlackRock, Fidelity, etc. flows into bitcoin
2. End of BTFP, bank failures pushes $$$ to BTC
3. Printing QEMs for US debt repayment/election
4. US dollar de-dollarization and hyperinflation (BRICS)
5. Corporate Accumulation (MSTR/Apple/Tesla)
6. State acceptance of BTC as a reserve currency
7. Reduced sale of BTC by miners after reloading (-50%)
8. Less available supply = surge in demand
9. Political support in favour of bitcoin and crypto
10. Fiat's global debt bubble & trade RE collapse
When bitcoin jumps small altcoins jump ten times more
The fact that Wall Street is already participating in the crypto market shows that the crypto market will guarantee huge profits, which means it is definitively a legitimate and viable market.
Wall Street simply does not make short-term decisions.
That's why now is the time to start your crypto journey (if you haven't already).
We think Wall Street's entry into the crypto market will inevitably change the rules of the game. Blackrock, Fidelity, etc. will lead to a massive wave of money from new investors who have not had access to crypto before.