Bitcoin, currently near $97k, could hit $250k in 2025, driven by its 2024 halving (slashing new supply) and rising institutional demand (ETFs, corporate holdings) Macro trends like global money-supply growth (M2) may fuel Bitcoin as an inflation hedge, echoing historical post-halving rallies (e.g., 2020’s 6.6x surge). Risks include regulatory shifts, competition (e.g., CBDCs), and Bitcoin’s inherent volatility. Burnett’s $1 million by 2030 hinges on Bitcoin becoming a global reserve asset, requiring mass adoption and regulatory acceptance. While optimistic, these targets rely on sustained macro liquidity, tech advancements (e.g., Lightning Network), and market sentiment, making Bitcoin a high-risk, high-reward bet.
