Closer to $400,000 Than $20,000: Why Many Are Missing Bitcoin’s Next Phase
People are very emotional about Bitcoin right now. That usually happens near important turning points.
This mood doesn’t feel like late 2023 when everyone was excited.
It feels more like late 2022 when Bitcoin was ignored, criticized, and trading near $16,000. Back then, talking about $100,000 BTC sounded crazy.
Today, Bitcoin is much higher, yet many people are still skeptical. That gap between price and sentiment is important.
Bitcoin is holding major long-term support and slowly building a base, while global money supply is rising in the background. The structure hasn’t broken even if headlines are noisy.
In fact, we are now closer in time to a possible $400,000 Bitcoin than we are to seeing $20,000 again.
For Bitcoin to reach $400,000 by 2029 would require a big move higher but Bitcoin has made even larger percentage gains in the past under worse conditions.
When adjusted for inflation, Bitcoin is actually cheaper than it was three years ago. Many traditional assets have lost value when measured in BTC terms.
Several big forces still support Bitcoin:
Interest rates are starting to fall.
Governments are under pressure to weaken their currencies.
Regulations are becoming more crypto-friendly.
Banks, companies, and ETFs are already involved.
Gold has outperformed $BTC for a long time, and historically that often comes before strong Bitcoin rallies.
If Bitcoin once again breaks out against gold like it has in the past, prices above $400,000 are possible.
That’s why the belief remains:
$400,000 $BTC by around 2029 is realistic.
The next few years may turn out to be a great long-term buying window.
The bigger idea is simple: governments keep creating money to keep the system running, and much of it flows into assets. Many markets already hold heavy debt Bitcoin still doesn’t.
Some call it risky. Others see it as protection from currency dilution.
The message is clear:
Bitcoin still looks undervalued long term.
Don’t ignore it.