#BTC
# **Historical Trends**
1. **Halvings**:
- Bitcoin has historically experienced bull runs following its halving events (which occur every 4 years). The next halving is in 2024.
- Significant price increases have occurred after the previous halvings (2012, 2016, 2020).
2. **Market Cycle**:
- Bitcoin goes through a 4-year cycle of bull and bear markets. The current cycle suggests a possible bull run in 2024-2025.
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### **Expert Opinions**
1. **Bullish Views**:
- **Cathie Wood (ARK Invest)**: Predicts that due to institutional adoption, Bitcoin could reach $1 million by 2030.
- **Michael Saylor (MicroStrategy)**: Believes Bitcoin is the future of money and will continue to appreciate.
2. **Cautious Views**:
- **Warren Buffett**: Remains skeptical, calling Bitcoin "rat poison squared" and questioning its intrinsic value.