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The question here is: Will Bitcoin maintain its position after halving? Because, as expected, according to each cycle, there will be a decline, and thus Bitcoin may return to position 10 or more.
P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?Bitcoin almost has the marketcap of silver, but just little difference. Google marketcap is not that far away. Bitcoin will later surpass both as time goes. But there may still be a bear market that may drop the marketcap back a bit which might make it fall below both asset prices, but a time is coming when bitcoin marketcap will surpass both silver and Google marketcap with both not get above bitcoin marketcap anymore. Maybe the time is even close, but I am not sure. But in long term, I am certain.
In parallel, Bitcoin surpassed Meta in terms of capitalization and ranked 9th among all global assets.I maintain my expectation for 1BTC = $150K-170K in this cycle, meaning that BTC's market cap could reach over $3T and compete directly with Microsoft, Apple, Nvidia, not just Silver or Alphabet. Of course, as the financial market develops, the marketcap of technology stocks will also increase, but BTC will outperform them in terms of price performance. For me, BTC will be in the top-5 market cap in 2025, although it may fall out of the top10 again in the crypto winter of 2026-2027 ^^
P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?
This is likely to happen at the end of 2025 if the BTC price really experiences bullishness to reach $150k or maybe $200k as predicted by many people. However, because this seems difficult to happen, it is possible that it will take longer to surpass the position of several other companies such as Alphabet (Google). Maybe the halving in 2028 will be another big thing for Bitcoin to shock the world.
Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair.
Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair. I feel like that would be the most important part, and we could keep growing more and more, because it doesn't require any revenue or profit or anything by selling something, its not a company, its literally just us deciding what the price should be, so if we say 140k tomorrow morning, then suddenly we are 2.8 trillion dollars. Not like that's impossible, we have went from 35k to 70k in just a few months, so its doable too.
Bitcoin is definitely overtaking silver in this one. This will not take long, during the upcoming bull run bitcoin will surely overtake silver in market capitalization. Gone are the days people have negative mindset and expectations about bitcoin. These days, it's all good for bitcoin and it seems that government is tired of fighting bitcoin but rather they are bent to regulating it. I am confident that bitcoin is heading to number one and it must happen someday.(https://i.ibb.co/cFDRYpf/photo-2024-03-05-14-27-17.jpg)
P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?Thanks for sharing this useful piece of information, in my POV, BTC has enough potential to overtake the Silver M.cap because the trading volume of BTC in ETFs combined has already crossed the trading volume of Silver, I think it is not trading volume but M.cap CMIIW. Whatever it is, still think BTC has enough potential to cross silver easily. Talking about Google, I can say after some time, like maybe in the next 10 years when the adoption will be 4x or 5x. Well, 4x or 5x is too much because, at the current time, the Market Cap of Google is 1.99 trillion dollars while the M.cap of BTC is 1.4 Dollars.
I maintain my expectation for 1BTC = $150K-170K in this cycle, meaning that BTC's market cap could reach over $3T and compete directly with Microsoft, Apple, Nvidia, not just Silver or Alphabet. Of course, as the financial market develops, the marketcap of technology stocks will also increase, but BTC will outperform them in terms of price performance. For me, BTC will be in the top-5 market cap in 2025, although it may fall out of the top10 again in the crypto winter of 2026-2027 ^^Similar opinion. By the end of this year, should definitely see a price of 85 thousand dollars (minimum), preferably that was broken through the value of 90+ thousand dollars. Of course accompanied by positive news and t.c., because there is no growth without positivity.
Let Silver market cap be the target for ETH, and BTC towards Gold market cap in the long term!
I am so positive that within this year the price of Bitcoin can possibly touch around $150K and in this scenario BTC will be the number 3 or number 4 in terms of market capitalization beating many big companies and assets in the market. There is that prediction that many years from now, BTC can eventually go beyond gold and be the top asset globally...when that can happen is the question and not if. With the kind of recognition Bitcoin is getting right now and the establishment of many ETFs in the process, the demand is outstripping supply. of course, there will be ups and downs along the way and we should expect them based on the precedents in BTC history but the overall trajectory is quite good and BTC will eventually win above all else. Now, this is just my personal opinion and should not be construed as a financial advice.Anything can be, I won't argue in that regard. Who knows what will happen in half a year + what will be the news. Big players have absolutely no problem to raise the price to 80 thousand and above. Probably cheating on the schedule, but we should get to 80k this year (I hope so). Halving next week + accepting ETFs not only on btc = similarly will play a positive situation, on the growth of the whole market.
We can prove that with our own ways , that is is hard for us to use our Holdings to pay restaurant (as long as available though in my place it is very limited that there is accepting bitcoin)Yeah I checked it now, its about 1.4 trillion at the moment. It is quite important to remember that we are a currency tho, not an "asset". Which means that it would be like comparing the "marketcap of us dollars", which makes no sense to be fair.
What you say is incorrect. Most of the world's legislation considers it an asset and the vast majority of people buy it as an asset, not to pay for coffees. It has a minority use as a currency but that does not make it a currency. Even in El Salvador, where it is legally recognised as a currency, it is hardly used for daily expenses. So it makes perfect sense to consider it an asset.
We can prove that with our own ways , that is is hard for us to use our Holdings to pay restaurant (as long as available though in my place it is very limited that there is accepting bitcoin)
but once we become like EL Salvador then for sure I will use my bitcoin in daily basis.
Anything can be, I won't argue in that regard. Who knows what will happen in half a year + what will be the news. Big players have absolutely no problem to raise the price to 80 thousand and above.Bitcoin is not as easy to manipulate today as it was 10 years ago. Adoption is very high and holding is decentralized.
Bitcoin will overtake them and if care is not taken bitcoin will be the number one asset in the world. Bitcoin has surpassed the All Time High before the halving and it will still hit another all time high again before we will see the dip again and there are different predictions. Some say it will hit $100k while some predict $150k in this coming ATH.For this year we can't witnessed any dip again because already we are in a bull run already but from my understand it may like starts fully towards the end of this year or mid next year.
With the value of BTC increasing above 66,000$, the total market value of the first cryptocurrency reached the level of 1.29$ trillion, which represents an absolute historical peak.
In parallel, Bitcoin surpassed Meta in terms of capitalization and ranked 9th among all global assets.
P.S. Do you expect BTC, from 9th place, to overtake Silver + Alphabet (Google) in the short term?(https://i.ibb.co/cFDRYpf/photo-2024-03-05-14-27-17.jpg)
The showed CAP is just a number as you can see the BTC market fluacting and now the CAP is down. There is still a chance the CAP can down a little more in short Term, but in Long Term it will increase insanely.It's true, bitcoin price movements also have an important influence on CAP. If bitcoin goes down then bitcoin CAP will also go down because many of those holding bitcoin have already left, this is the effect of there being no support which can trigger the price of bitcoin to rise again.
I am sure that Bitcoin will have very good price movements because the price of one bitcoin is already very expensive, which will make the cap distance faster and increase the total volume obtained by Bitcoin.The showed CAP is just a number as you can see the BTC market fluacting and now the CAP is down. There is still a chance the CAP can down a little more in short Term, but in Long Term it will increase insanely.It's true, bitcoin price movements also have an important influence on CAP. If bitcoin goes down then bitcoin CAP will also go down because many of those holding bitcoin have already left, this is the effect of there being no support which can trigger the price of bitcoin to rise again.