One of the first Bitcoin users said that BTC could have another 100x cycle of its value

In the next 10 to 20 years, the price of Bitcoin could multiply by 100. At least that is what one of the early investors in BTC believes.

One of the first Bitcoin users said that BTC could have another 100x cycle of its value

Market Analysis

Key Takeaways:

Brad Mills predicts a 100-fold surge in Bitcoin driven by institutional adoption, halving-induced scarcity, and technology developments focused on retail.

The U.S. Strategic Bitcoin Reserve, initiated with 200,000 BTC, marks a policy shift towards a long-term Bitcoin monetary policy controlled by the government.

Bitcoin maximalist (BTC) Brad Mills predicts that the market is on the brink of a "SaylorCycle", a decade-long BTC growth cycle driven by the influence of Michael Saylor and the 592,100 BTC held by Strategy's treasury, which is expected to continue.

Mills argued that Bitcoin's transition from an "illegitimate asset" to a "must-have asset" could lead companies and nations to accumulate it as a strategic reserve and treasury, referring to the 6,209 BTC held by El Salvador and Saylor's vision of a $200 trillion economy as proof of the bullish momentum.

"Bitcoin could multiply by 100 in 10-20 years".

Mills based this perspective on the 21 million Bitcoin supply cap and the halving-induced scarcity that reduces supply by 50% every four years, along with rising demand. Square, a business division of Block, Inc., will implement payments powered by Lightning Network in 2026, reducing merchant fees by 50% and boosting transactional usage. The minting of Chaumian eCash, such as CashuBTC, enables scalable and privacy-focused retail savings through tokenized sats. Mills expected these two companies to drive exposure to Bitcoin.