Bitcoin could be worth $1M in 1 year

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TIME STAMPS:

00:00 Intro
00:09 My experience with retail investors
02:53 Historical context of Bitcoin's price cycles
05:46 Why easier access will raise Bitcoin's price
09:05 Bitcoin supply and demand
13:16 Supply will run out
17:02 Conclusion
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Great video. As a long term holder and trader we don’t care much about current price. As a trader looking to buy when oversold and sell when overbought, the weekly and 2 week charts are showing us we’re oversold and it’s a great time to buy more. Price on 2 wk bouncing off a rising 20 MA. Price on weekly chart is bouncing off a rising 40 Ma. The stochastic RSI on both charts is way oversold. Translation, great time to buy. Thx again for the different ways/ perspectives/ lenses to look at BTC’s potential. BTC is the ultimate been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Mario-hx
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Oh man this is a bold claim, I sure hope this happens. My current guess is 500k

dextrome
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Rajat i love how your comparing the cannabis stocks. Thats what i got into before bitcoin. I literally bought canopy growth lol. I sold every stock for bitcoin with my portfolio down 60%. Now my portfolio is up 97% currently. I LOVE BITCOIN. I THINK WE ALL MISUNDERSTAND HOW GREATFUL WE SHOULD BE FOR SATOSHI. He/she/them/it changed the WORLD💪‼️‼️‼️‼️‼️‼️‼️

RickyVsWorld
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Something is telling me this 4 year cycle will be broken and we won’t see a sharp 60-80% decline in 2026 or 2030

CalvinGroover
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I think it makes it to 200k max…. 1 million adjusted for today’s dollars in another 20 years.

cramsa
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I remember the “weed rush” for stocks and I bought in. Another good show, Raj. To the 🚀

Kristen_Gordon
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10 Million by 2030 but 200k tops by mid 2025 imho

benhartart
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Finally some bullish predictions. I mean it makes total sense. I’m trying to see why it wouldn’t hit 1M this cycle. We just saw blackrock wanting to be honest, so doesn’t seem like price suppression. If we have little to no real friction once the run starts, then we will have expedited adoption I feel. Those nation states, entities, etc may all say this is it, I can either hope for a bear market and get a deal or get in now. There is probably 1-2M tops of btc and I imagine if game theory starts we can deplete that as a world aggregate pretty quickly.

danbryda
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Not in 1 year 😂 it will take 10 years 😅

limonhossain
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Well I'll give him this. Atleast he said he worked in finance. Most of these youtubers work regular jobs nowhere near crypto or institutions... usually nobodies are throwing out their analysis... that being said you think retail is going to bring the price that high? Lol. I. Pretty sure btc has been easy to buy atleast the last 10 years. Granted I know what you mean about coins that are super hard to buy through jumping loops. But btc has been available way more than for instance these new ai coins that haven't hit your usual exchanges

mariomalmanza
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Taking 10 years to be 1m would be more realistic tbh but I still hope I’m wrong

jovipang
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I try to get people to understand the only thing that can be manipulated is the price of bitcoin, but it cant be that way forever. The more people understand, the harder it is for big whales to sell big amounts and it not get ate right back up. Anyone selling would just have to buy it back for more😂😂😂

RickyVsWorld
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Omg, rajat has been hijacked by samson mow 😮

adiintel
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I’ll tel you why it won’t.
Because I recently got into it and we’re months away from the UK government making Capital Gains Tax match income tax making ours the highest in the world.

philippowell
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Supply of bitcoin is limited if no ones wants to sell, but as the market moves the price, the supply will also be increasing as more people are willing to sell for the right price. So it is limited for the current market price, but with every uptick of the btc price more supply is coming into the markets.

inhodel
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We be lucky to get to 150K this bull run

surfbum
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I don't care if you intermittently have $100k, $10k or $100. Stack Sats as often as possible. These prices will seem anemic in less than 12 months. They might seem anemic by November? Either way, when BTC goes 10x, 20x, 100x... you'll wish you had bought at todays prices (54k-64k). The math is there if you care to see it. Investing in Bitcoin is Not gambling. It's investing in an inevitability.

mrnobody
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also "could" be zero. Bold statement. Hope you are right

johnc
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Not bullish enough!
Next month, I'm going to retire on my Bitcoin.

Kraken_
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Doesn't seem posible, early phases of it had such high repricing because it wasn't as distributed, now it is, there will be a ton of sellers above the 150k and who the fuck is bulk buying on its way up with sizable capital when the pattern points at above 60% drawdowns.. It will slow down unless monetary policy doubles down on the craziness, and we're not there yet!

Not all owners are on the long term.

BTChanOSRS