His prediction is rooted in growing instability across traditional financial systems and what he believes is the emergence of the most powerful bull market in history.
Strike founder Jack Mallers has issued a bold forecast for Bitcoin, suggesting the cryptocurrency could climb to between $250,000 and $1 million in the not-so-distant future.
Mallers argues that central banks have distorted the natural economic cycle through years of intervention and artificial market stabilization. Rather than allowing businesses and markets to correct themselves, central banks have increasingly acted to avoid short-term pain, creating what he calls a “price-fixing regime.”
“Entropy is natural in the universe,” Mallers said, adding that suppressing volatility and avoiding corrections has built up massive pressure in the system. According to him, this interference has removed all semblance of honest price discovery in key markets — except for Bitcoin.
He also pointed to the bond market as the biggest red flag. Once considered one of the most stable financial instruments, it’s now showing signs of serious dysfunction. Mallers described it as “the most unruly, holy mother mecca of all markets,” suggesting that even central banks are struggling to contain its volatility.
This breakdown, in Mallers’ view, creates a unique opening for Bitcoin. Unlike traditional assets, Bitcoin remains untouched by central bank manipulation. Its decentralized structure and resistance to artificial control give it a rare appeal to investors looking for long-term protection and transparency.
With this backdrop, Mallers believes Bitcoin is uniquely positioned to absorb the inflow of capital fleeing unstable systems. He sees the asset as a hedge not just against inflation, but against the entire monetary policy structure that has led to the current fragility.
“The greatest asset bull market in the history of bull markets is coming,” he recently said, emphasizing that his company, Strike, is preparing for this shift by aligning its treasury strategy accordingly.
In Mallers’ view, Bitcoin is not just a speculative play — it’s a systemic solution ready to thrive as the cracks in traditional finance widen.
As institutional adoption of Bitcoin accelerates, U.S. asset management giant Franklin Templeton has issued a cautionary note on the growing trend of crypto-based treasury strategies.
Bitcoin rose 1.78% over the past 24 hours to reach $109,500 at the time of writing, driven by surging institutional inflows into spot ETFs, easing global trade tensions, and strengthening technical momentum.
BlackRock’s spot Bitcoin exchange-traded fund (ETF), known by its ticker IBIT, has surpassed the firm’s flagship S&P 500 ETF in annual revenue, according to a new report from Bloomberg.
Robert Kiyosaki, author of Rich Dad Poor Dad, revealed on July 1 that he purchased another Bitcoin, reaffirming his long-term bullish stance—even if it comes with personal risk.