Bitcoin is Changing: Saylor Targets $21M by 2046

The post Bitcoin is Changing: Saylor Targets $21M by 2046 appeared on BitcoinEthereumNews.com. Key Notes Michael Saylor predicts Bitcoin could reach $21 million by 2046, citing political and regulatory tailwinds. Swissblock warns of reduced on-chain liquidity, increasing Bitcoin’s vulnerability to downside volatility. Technical levels show BTC consolidating above key Fib support, with $119,341 as the next upside target. Bitcoin’s loudest advocate, Michael Saylor, has once again raised the bar for the digital asset’s potential. Speaking at the BTC Prague 2025 event, Saylor projected an eye-popping target: $21 million per Bitcoin within 21 years, calling this a “very special time in the network.” Building on last year’s bold $13 million forecast, Saylor pointed to political developments, particularly Donald Trump’s presidential win and the White House’s unexpected embrace of Bitcoin, as paradigm-shifting events.  “We didn’t think we’d get a strategic Bitcoin reserve. This is an amazing development,” he said, also noting that there are three key crypto bills moving through Congress while many US states are also working towards establishing crypto reserves.  http://twitter.com/saylor/status/1936452216292065671 On-Chain Liquidity Faces Reset: This Cycle is Different Analyst Willy Woo pointed to research from Swissblock, which shows a significant decline in on-chain liquidity, often a leading indicator of reduced market participation and price vulnerability. According to Swissblock, the crypto system has “reset” to square one. While capital is rotating back into Bitcoin, overall activity has dropped, and liquidity is low, with prices being increasingly influenced by on-chain flows over macro trends. http://twitter.com/woonomic/status/1936673839922167873 Swissblock noted that the bullish long-term structure remains intact, but a risk-off signal flipping to 1 would be a significant red flag. Bitcoin Risk-off Signal | Source: Swissblock Also, in a post on CryptoQuant’s Quicktake, Crypto Dan brought to light the surge in realized price, the average cost basis of all BTC holders, as a bullish sign. From early 2024 to mid-2025, realized prices have steadily climbed, indicating sustained…

Jun 22, 2025 - 16:00
 0  0
Bitcoin is Changing: Saylor Targets $21M by 2046

The post Bitcoin is Changing: Saylor Targets $21M by 2046 appeared on BitcoinEthereumNews.com.

Key Notes Michael Saylor predicts Bitcoin could reach $21 million by 2046, citing political and regulatory tailwinds. Swissblock warns of reduced on-chain liquidity, increasing Bitcoin’s vulnerability to downside volatility. Technical levels show BTC consolidating above key Fib support, with $119,341 as the next upside target. Bitcoin’s loudest advocate, Michael Saylor, has once again raised the bar for the digital asset’s potential. Speaking at the BTC Prague 2025 event, Saylor projected an eye-popping target: $21 million per Bitcoin within 21 years, calling this a “very special time in the network.” Building on last year’s bold $13 million forecast, Saylor pointed to political developments, particularly Donald Trump’s presidential win and the White House’s unexpected embrace of Bitcoin, as paradigm-shifting events.  “We didn’t think we’d get a strategic Bitcoin reserve. This is an amazing development,” he said, also noting that there are three key crypto bills moving through Congress while many US states are also working towards establishing crypto reserves.  http://twitter.com/saylor/status/1936452216292065671 On-Chain Liquidity Faces Reset: This Cycle is Different Analyst Willy Woo pointed to research from Swissblock, which shows a significant decline in on-chain liquidity, often a leading indicator of reduced market participation and price vulnerability. According to Swissblock, the crypto system has “reset” to square one. While capital is rotating back into Bitcoin, overall activity has dropped, and liquidity is low, with prices being increasingly influenced by on-chain flows over macro trends. http://twitter.com/woonomic/status/1936673839922167873 Swissblock noted that the bullish long-term structure remains intact, but a risk-off signal flipping to 1 would be a significant red flag. Bitcoin Risk-off Signal | Source: Swissblock Also, in a post on CryptoQuant’s Quicktake, Crypto Dan brought to light the surge in realized price, the average cost basis of all BTC holders, as a bullish sign. From early 2024 to mid-2025, realized prices have steadily climbed, indicating sustained…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow