Bitcoin's price predictions for the next few years vary widely, with some hoping for $1 million by 2025.
However, the Quantile Bitcoin model presents a more conservative outlook, suggesting that Bitcoin would need an extraordinary market event to hit that mark in the short term.
Historically, Bitcoin has remained within a specific price fluctuation range, and the model predicts a gradual growth path instead of rapid surges.
The Quantile model forecasts Bitcoin could reach $300,000 by 2029, with a 50% chance of hitting $1 million by 2034 and $3 million by 2039.
The model challenges predictions like Cathy Wood’s, which suggest $650,000 to $1.5 million for Bitcoin by 2030, claiming only a 20% chance of reaching $650,000 by then.
In essence, the Quantile model supports a more measured approach to Bitcoin’s growth, emphasizing long-term milestones rather than expecting explosive short-term gains.
Institutional interest in Bitcoin continues to surge as U.S.-based spot Bitcoin ETFs recorded their twelfth consecutive day of positive net inflows on Wednesday, pulling in nearly $548 million and pushing the total two-week haul to $3.9 billion.
While Bitcoin’s recent stagnation has triggered debate over what’s really influencing the market, analysts at K33 Research say exchange-traded fund flows are still the dominant force — far more so than the activity from corporate treasuries.
Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.
Tokyo-listed Metaplanet has kicked off its aggressive Bitcoin acquisition plan by securing 74.9 billion yen ($515 million) through new share issuance — the first step in its bid to own 1% of Bitcoin’s total supply.