$BTC BTC

102,575.38

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Bitcoin Price Dynamics Attract Market Players

The development of Bitcoin price projections is attracting the attention of crypto industry players and global investors. Bold predictions about the future price of Bitcoin are becoming more frequent, supported by geopolitical changes and regulatory policies. This optimism triggers new strategies among institutional investors, active traders, and digital asset managers in Indonesia who are continuously trying to seize opportunities from the volatility of the crypto market.

Actual Bitcoin Price Predictions and Network Risk Potential

Michael Saylor, founder of MicroStrategy and a prominent figure in the crypto ecosystem, has raised his Bitcoin price prediction to $21 million per coin by 2046, according to CoinDesk (2024). Meanwhile, power law analysis models and AVIV also provide a more realistic short-term price target: the peak of the Bitcoin bull market cycle is estimated to reach $330,000 or around Rp5 billion (at an exchange rate of Rp15,000), according to Reuters and Bloomberg. However, a significant surge in the number of Bitcoin Knots nodes indicates the potential for network fragmentation. This phenomenon poses a risk of suppressing Bitcoin prices, adding uncertainty around Saylor's long-term predictions and other models. Glassnode data shows that an increase in node activity is closely related to tensions in the blockchain developer community and policymakers.