1000% increase potential in a cryptocurrency

 Cryptocurrency that could rise by 1000%

History provides insight into how a significant event, long awaited since this year is due to take place.
1000% increase potential in a cryptocurrency.

  • Crypto prediction
  • How does Bitcoin make money
  • How do you know if a crypto has potential
  • How to know when crypto will rise or fall
  • How to predict which cryptocurrency will rise

The crypto space has been turbulent for more than two years, moving away from volatile assets amid rising fears of a slowing economy at the end of last year. Later, the failure of an environmentally friendly Terra “blockchain” cryptocurrency system triggered a cascade of bankruptcies and compulsory liquidations that worsened the overall market downturn.

Overall, tens of trillions flew away from the cryptocurrency market through these series of collapses. Nevertheless, Bitcoin has breathed new life into the cryptocurrency realm in recent months, capturing the attention of investors with two potential positive factors: The recent approval by the SEC of Bitcoin ETFs and an estimated decrease in mining rewards later in this year.

The first catalyst is already paying dividends. On Wednesday, the U.S. Securities and Exchange Commission approved 11 Bitcoin exchange-traded fund applications, including efforts from two of the world’s largest asset management firms; BlackRock and Fidelity. This evolution has sparked great interests among individual and institutional investors, as well the increase in demand might lead to a subsequent price rise of Bitcoin.

Crypto prediction

In fact, some analysts on Wall Street believe that the value of Bitcoin may triple or quadruple by 2025 while another foresees a tenfold increase in its value during the next five years.

The Securities and Exchange Commission started sanctioning Bitcoin futures contracts ETFs in October of last year. Though these investment products deal with futures contracts rather than the cryptocurrency per se, this writing is seen to be a deviation from its exact price. For instance, the ProShares Bitcoin Strategy ETF yields a 39% return over six months while at that same time bitcoin price increased by 54%.

How does Bitcoin make money

ETFs will actually invest directly in bitcoin, closely mirror its movement. Such products appeal because they provide direct access to Bitcoin, without the complications of cryptocurrency exchanges and blockchain wallets. Retail and institutional investors can easily access shares of any “Bitcoin ETF” through their brokers, which may increase demand from individual traders.

Demand is the main variable determining Bitcoin’s price, given that there are only 21 million coins in total and almost 19.6 million of them have been already created. This means that rising demand driven by investors who are attracted to Bitcoin on account of the relative ease in accessing it through ETFs may push prices upwards thus over time.

It is a scenario that seems plausible to many Wall Street analysts, especially with the approaching mining reward reduction and big financial institutions like BlackRock and Fidelity acting as ETF providers.

How do you know if a crypto has potential

In fact, Bernstein analyst Gautam Chhugani predicts Bitcoin will touch $150k by 2025; this is up to a growth of more than two hundred and ten percent. On the other hand, Jeff Kindrid of Standard Chartered Bank sees Bitcoin reaching US$ 200.

Ten years later, in 2029 Tom Lee is forecasting a figure of $500k which represents an incredible one thousand percent increase.

1000% increase potential in a cryptocurrency.
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How to know when crypto will rise or fall

Bitcoin mining rewards are halved approximately every four years, occurring when 210,000 blocks are added to the blockchain. The next Bitcoin halving event is expected in April 2024. Analysts believe this will result in a substantial reduction in selling pressure, as miners will experience a 50% reduction in Bitcoin inflows, meaning they will have only half the cryptocurrency available for sale.

To put this into perspective, Michael Saylor, former CEO of MicroStrategy, believes that the reduction in selling pressure will decrease from $12 billion annually to $6 billion annually after the Bitcoin mining rewards are halved in April. This decrease in selling pressure could potentially stimulate demand, contributing to a potential increase in the price of the most valuable cryptocurrency.

How to predict which cryptocurrency will rise

In 2022, Saylor predicted Bitcoin could reach $500,000 in the next decade, implying an almost 1000% increase. However, he recently mentioned that Bitcoin could reach $5 million in the future, translating to a 10,230% increase, a seemingly fantastical figure. Yet, historical precedents exist for substantial price increases following Bitcoin halving events.


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