News - $100,000 reached: "Should I buy Bitcoin now?"
Many new crypto investors fear that Bitcoin is now "too expensive" to get into. But that's a misconception. Why, according to the data, the BTC exchange rate will only now really take off.
In this article you will discover:
What previous Bitcoin recoveries predict for 2025
Why Trump may unintentionally push BTC rate higher
How to mitigate risk and still profit hugely from Bitcoin
Bitcoin fever is on the rise and the BTC price keeps rising. Since Donald Trump's election victory, new all-time highs are being reached almost daily, including now the magical $100,000 mark. While experienced HODL'ers watch their profits grow, newcomers are wondering, "Should I buy Bitcoin now?" Even experienced investors doubt it is better to wait for a price drop before buying in.
Bitcoin above $100,000 seems "too expensive" to many. But this may just be the beginning of the biggest BTC bull run ever. According to the data, the price still has plenty of room to rise further and may eventually even rival gold's market capitalization as its ultimate competitor.
For a while, it looked like four-year Bitcoin cycles were a thing of the past. But thanks to the success of U.S. Bitcoin ETFs launched in January, Bitcoin reached a new all-time high before the fourth halving in April.
Yet the BTC price is still following its historical pattern. Before the second halving in July 2016, the price stood at $660. Within a year this rose to $2,500 and by the end of the bullrun in 2017/2018 it came close to $20,000 - a growth of 30 times. For the third halving in May 2020, the price was $8,500, then reached above $20,000 by the end of 2020 and nearly $70,000 by November 2021 - an eight-fold growth.
Based on these patterns, crypto investors may be optimistic that the current bullrun is still in its early stages. Even a modest tripling compared to previous cycles would take the BTC price to nearly $200,000 by 2025, which would be a "super year for crypto" could become.
The Republicans' victory in the U.S. election was met with enthusiasm by the crypto sector. Trump presented several crypto-friendly plans during his campaign, such as supporting the mining industry, defending self-custody rights and creating transparent regulations.
There is even speculation that he wants to position Bitcoin alongside gold as a strategic reserve asset. However, his policies may unintentionally have an even greater impact. Trump inherited a huge national debt and his plans to stimulate the economy may lead to an even greater expansion of the money supply. This could further increase Bitcoin's value as a "safe haven.
Many investors look at the absolute price of Bitcoin and find it "too expensive." But this approach misses the bigger picture. Bitcoin is still in the early stages of acceptance as a store of value. What Today "too expensive" seems, may in a few years as "cheap" are considered.
With a current market capitalization of over two trillion dollars, Bitcoin is impressive, but still smaller than tech giants such as Apple and Microsoft. Should Bitcoin match the value of gold, that would equate to a price of about $875,000 per BTC.
For those who find Bitcoin's volatility exciting, a dollar-cost-averaging strategy is an excellent option. Investing small amounts regularly, say weekly or monthly, accumulates more Satoshis and gradually builds up a valuable reserve.