Bitcoin Price Prediction: Unlocking the Astonishing $500,000 BTC Bull Run Potential

Key Points

1. Bitcoin's current position relative to its long-term power curve trajectory suggests it is two years ahead of the trendline, indicating a potential 'extreme greed' phase similar to past cycles in 2013, 2017, and 2021.

2. Historical four-year cycles, linked to Bitcoin's supply shock events, suggest a potential peak between $200,000 and $300,000 by Christmas 2024/2025, with momentum receding in early 2026.

3. Past cycle peaks include ~$1,100 in 2013 (early adopter euphoria), ~$20,000 in 2017 (retail investor boom), and ~$69,000 in 2021 (institutional adoption).

4. Macroeconomic factors, such as global stimulus and 'risk-on' sentiment, could further drive Bitcoin's value to $300,000–$500,000.

5. The prediction is based on technical indicators like the long-term power curve and favorable market conditions, though no outcome is guaranteed.