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Why now is the best time to buy Bitcoin

Bitcoin has once again captured global attention, soaring to unprecedented heights. Since the 2024 US presidential elections, Bitcoin has surged past the US$100,000 mark per coin, solidifying its position as the premier digital asset.

The policies introduced by President Donald Trump, combined with a favourable economic climate, have positioned Bitcoin as the ultimate investment opportunity of our time. If you’ve been considering investing in Bitcoin, there’s no better time than now. Here’s why.

A pro-crypto administration fuels Bitcoin’s momentum

Donald Trump’s return to the presidency in November 2024 marked a significant shift in the US government’s stance on cryptocurrency. Within his first week in office, Trump signed an executive order aimed at making the United States a global leader in the cryptocurrency space. This landmark move included incentives for blockchain innovation, clearer regulatory frameworks, and tax breaks for crypto businesses. The result? Increased institutional and retail confidence in Bitcoin as a viable asset class.

Since Trump’s election victory, Bitcoin’s price has risen steadily, reflecting the market’s optimism. Analysts predict that this trend will continue throughout his term, driven by policies that prioritise blockchain adoption and financial innovation.

The growth trajectory of Bitcoin: A closer look

The growth rate of Bitcoin in 2024 was nothing short of extraordinary, with an annual increase of approximately 157.66%. This explosive growth has set the stage for even more remarkable gains in the years ahead. Based on this trajectory, Bitcoin’s price by the next US presidential elections in 2028 is estimated to reach a staggering US$3,898,216.95 per coin.

This projection is not merely speculative; it aligns with the fundamentals driving Bitcoin’s adoption:

Institutional adoption

Major corporations and financial institutions are increasingly incorporating Bitcoin into their portfolios, recognising it as a hedge against inflation. Companies such as Tesla, MicroStrategy, and Square have led the charge, investing billions of dollars into Bitcoin to diversify their holdings and protect against the devaluation of fiat currencies.

Institutional investors see Bitcoin as “digital gold”, a modern alternative to traditional safe-haven assets. This wave of adoption also extends to pension funds and hedge funds, which are allocating portions of their portfolios to Bitcoin to capitalise on its growth potential.

Scarcity

With a capped supply of 21 million coins, Bitcoin’s scarcity continues to drive demand. This limited supply, enshrined in its code, makes Bitcoin immune to inflationary pressures that plague fiat currencies. As more coins are mined, the remaining supply becomes increasingly difficult to obtain, a phenomenon further amplified by halving events that reduce the rate of new Bitcoin issuance. This scarcity creates a “digital gold rush” effect, attracting investors who understand the value of holding a finite asset in a world of unlimited money printing.

Global acceptance

Countries worldwide are warming up to Bitcoin, with some even adopting it as legal tender. El Salvador made headlines in 2021 as the first nation to do so, enabling its citizens to use Bitcoin for everyday transactions and international remittances.

Other countries are exploring similar paths, particularly in regions where traditional banking infrastructure is underdeveloped. Beyond governments, multinational corporations are beginning to accept Bitcoin as payment, further embedding it into the global economy. This widespread acceptance is transforming Bitcoin from a speculative asset into a mainstream financial tool.

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A glimpse into the future: Bitcoin under successive pro-crypto administrations

Assuming JD Vance—another pro-crypto advocate—wins the 2028 and 2032 elections, Bitcoin’s price could continue its meteoric rise. By 2028, the price is projected to reach US$1,767,607.83 per coin, and by 2032, it could skyrocket to US$78,110,936.47. These figures align with the predictions of prominent Bitcoin advocate Michael Saylor, who estimates Bitcoin’s value could hit US$13 million by 2045.

Such long-term projections highlight Bitcoin’s potential to transform the financial landscape. While these numbers may seem ambitious, they underscore the immense opportunity for those who invest now.

Why Bitcoin is a safe haven asset in uncertain times

In today’s volatile economic climate, Bitcoin stands out as a resilient store of value. Unlike traditional fiat currencies, which are subject to inflation and government manipulation, Bitcoin operates on a decentralised blockchain, ensuring transparency and security.

The recent US policy changes have further strengthened Bitcoin’s position as a safe haven asset. With clearer regulations and a government actively promoting crypto adoption, Bitcoin has become an attractive option for investors seeking to diversify their portfolios.

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Key drivers of Bitcoin’s continued growth

Several factors contribute to Bitcoin’s sustained growth:

Halving events

Bitcoin’s halving events—which occur approximately every four years—reduce the rate at which new coins are created, increasing scarcity and driving up prices. Each halving event cuts the reward for mining new blocks in half, making it significantly less profitable to mine Bitcoin over time. This reduction in supply coincides with growing demand, creating upward pressure on prices.

Historically, halving events have been followed by bull runs, as market participants anticipate and respond to the reduced supply flow. For example, after the 2020 halving, Bitcoin’s price rose from approximately US$8,000 to over US$60,000 within a year, showcasing the profound impact of these events.

Institutional backing

Companies like MicroStrategy, Tesla, and Square continue to add Bitcoin to their balance sheets, signaling confidence in its long-term value. MicroStrategy, in particular, has become a pioneer in this space, holding over 150,000 Bitcoins as part of its corporate treasury strategy.

This trend is not limited to technology companies; financial giants like Fidelity and BlackRock have also entered the Bitcoin ecosystem, launching Bitcoin-focussed investment products and funds. The growing institutional presence provides stability to the market, encouraging more investors to view Bitcoin as a reliable and mature asset class.

Technological advancements

Innovations such as the Lightning Network and Taproot upgrade have improved Bitcoin’s scalability and usability, making it more accessible to the masses. The Lightning Network allows for faster and cheaper transactions by enabling off-chain payment channels, addressing one of Bitcoin’s long-standing limitations.

Meanwhile, the Taproot upgrade, implemented in 2021, enhances Bitcoin’s privacy features and smart contract capabilities, paving the way for more complex applications. These advancements not only improve user experience but also strengthen Bitcoin’s utility as a global payment system and programmable money.

Global economic trends

As traditional financial systems face challenges, Bitcoin’s decentralised nature provides a viable alternative. The ongoing devaluation of fiat currencies, driven by excessive money printing and rising debt levels, has eroded trust in conventional monetary systems.

In contrast, Bitcoin offers a decentralised, transparent, and inflation-resistant store of value. Economic instability in regions such as Latin America and Africa has further highlighted Bitcoin’s role as a lifeline for those seeking to preserve their wealth and access financial services. This trend is expected to accelerate as more people recognise Bitcoin’s potential to bridge gaps in the global financial system.

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The road to US$1 million and beyond

Speculators are making bold predictions about the future of Bitcoin, with some estimates suggesting that the cryptocurrency could reach a staggering US$1 million per coin by 2034. This projection, which has gained attention in financial circles, is based on a combination of factors that could drive Bitcoin’s value to unprecedented heights.

An in-depth analysis published on Sweet TnT Magazine outlines these key influences, including the continued growth of Bitcoin adoption, an increasing wave of institutional investment, and the broader shifts occurring in the global economic landscape.

The growing acceptance of Bitcoin as both a store of value and a medium of exchange is seen as a critical driver of its upward trajectory. As more businesses and individuals turn to Bitcoin as a hedge against inflation and currency devaluation, its demand and value are poised for significant growth. Additionally, major financial institutions are ramping up their involvement in Bitcoin, with banks and investment firms introducing Bitcoin-related products, further validating its position as a legitimate asset class.

Another powerful force behind Bitcoin’s projected rise is the ongoing evolution of the global economic system. As central banks continue to implement monetary policies that devalue traditional currencies, Bitcoin’s decentralised nature and finite supply make it an attractive alternative for preserving wealth. Investors looking for safe-haven assets in an increasingly unstable financial environment may turn to Bitcoin in droves, further increasing its price.

Adding weight to the belief in Bitcoin’s long-term potential is Michael Saylor, the CEO of MicroStrategy, who has been one of the most vocal advocates for Bitcoin. Saylor has boldly predicted that Bitcoin could reach US$13 million per coin by 2045, citing its role as a transformative asset that could reshape the future of finance. His confidence in Bitcoin’s ability to surpass traditional financial systems highlights the growing belief that the cryptocurrency will become a dominant force in the coming decades.

For investors with a long-term perspective, these projections present a compelling case for entering the Bitcoin market now. With institutional players continuing to show interest, and global economic uncertainties making the case for alternative assets even stronger, those who position themselves early in Bitcoin’s journey may find themselves reaping the rewards of what could be the next major revolution in wealth accumulation.

As the world increasingly embraces decentralised technologies, the road to US$1 million—and beyond—may prove to be just the beginning of Bitcoin’s evolution into a global powerhouse. Whether you’re an experienced investor or someone just starting to explore the world of cryptocurrencies, understanding these trends and positioning yourself in the market today could set the stage for extraordinary returns in the future.

How to get started with Bitcoin

If you’re ready to invest in Bitcoin, here are a few steps to get started:

Choose a reputable exchange: Platforms like Kraken offer secure options for buying Bitcoin.
Set up a wallet: A Bitcoin wallet—whether hardware or software—provides a secure way to store your investment.
Start small: While Bitcoin’s potential is immense, it’s wise to start with an amount you can afford to lose.
Stay informed: Keep up with market trends and news to make informed investment decisions.

The time to act is now

Bitcoin’s journey from a niche digital asset to a global financial powerhouse has been nothing short of remarkable. With strong institutional backing, favourable government policies, and a clear growth trajectory, Bitcoin is poised for continued success.

Investing in Bitcoin today could be one of the smartest financial decisions you make. As the world moves toward a digital-first economy, Bitcoin’s role as a store of value and medium of exchange will only grow. Don’t wait for the next price surge; take action now and secure your place in the future of finance.

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