Jeff

#Bitcoin's price may rise to $500,000 in the long term

#Jeff Kendrick, Head of #cryptocurrency Research and #Fx Strategy, stated in a memo that $BTC could potentially rise to $500,000 in the long term if investor access improves and volatility decreases.

Standard Chartered predicts that Bitcoin will reach $200,000 by the end of 2025, $300,000 by the end of 2026, $400,000 by the end of 2027, and $500,000 by the end of 2028. It was last traded at $98,241, up 1.6%.

**My comment:** Jeff previously predicted that Bitcoin would reach $125,000 by the end of 2024, and the actual price reached $108,000. I would say his prediction is somewhat acceptable. However, regarding the annual predictions, I believe they need reconsideration; otherwise, they may follow the same fate as previous ones.

I am not against a radical shift in Bitcoin's cycle, but I see it continuing its current trend for now: a peak every 4 years and a bottom every 4 years, with progressively higher peaks and troughs.

🗣️The Untold Journey of a Madman Who Changed the World 🌟

"I quit Wall Street to sell books online 📚... and almost no one believed in me."

💼 I had a prestigious job at a top investment firm in New York.
💰 The paycheck? Incredible.
🌆 The office view? Breathtaking.
But deep inside… I felt empty. A void no money could fill.

Then one day, I stumbled upon a stat:
🌐 "The internet is growing at 2300% per year."
Boom! 💥 That was it. The spark.
I told my boss I was leaving.

He said, “Are you sick?” 😳
My wife thought I’d lost my mind 🫠
But I packed my car, grabbed my laptop 💻 and drove to Seattle—
Fueled by nothing but a dream:
➡️ To sell books online.

📅 This was 1994.
Nobody even understood online shopping yet!
We started from a garage 🛠️
Our servers kept crashing 💣
We even called friends and begged for fake orders 😂
...just to look “busy.”

💤 Slept on floors, couches, anywhere.
💸 Investors called it a “bubble.”
We almost went bankrupt more times than I can count.
But I didn’t quit.
Each click, each customer, became fuel to keep going 🔥

Then came the haters.
🗣️ “You’ll fail.”
🗣️ “This won’t scale.”
🗣️ “You’re just a crazy internet guy.”

While others chased sales,
I chased service.
I obsessed over speed, quality, and perfection.
📦 Every package had to be flawless.
Every delivery had to feel like magic. ✨

And with one golden rule,
📜 "The customer always comes first."
...Amazon was born. 🌍

📚 Today, we sell books to rockets.
But none of this happened overnight.
The secret?
💯 Persistence. Relentless. Unshakable.

So when people laugh at your vision, remember:
One day…
💼 That vision might be the reason they get hired, get paid, or get replaced.

🔥 Dare to dream. Be obsessed. Stay consistent.
Because the world doesn’t belong to those who wait—
🫡 It belongs to those who CREATE.

— #Jeff Bezos🙏👑👑

#CryptoCharts101 #USChinaTradeTalks #BTCPrediction $ETH $ENA $SUI