The Event That Launches the Next Crypto Bull Market
It’s never too early to prepare for riches.
A bit less than a year from now, a much-anticipated event will occur—probably around April 26.
On that day, bitcoin will go through its next “halving,” a technical process whereby the amount of bitcoin rewarded to “miners” declines by half to just 3.125 bitcoin from the current 6.25.
Every four years or so, the rewards that miners receive are cut in half. The final halving should occur in 2140 when the circulating supply will reach its maximum: 21 million. (Today’s supply is more than 19.3 million .)
The crypto world eagerly anticipates Bitcoin’s next halving—the fourth halving—because the last three saw bitcoin’s price explode higher. Here’s a chart from CoinDesk that shows how bitcoin’s price moved in the years before and after each halving:
The first halving saw bitcoin soar to more than $1,000 from just $2.54. Had you owned just $254 worth of bitcoin one year before, you’d have had more than $100,000 a year after.
The second halving saw bitcoin’s price surge more than 830% over a two-year period. The third saw bitcoin reach all-time highs before the bear market growled awake.
Less Than One Year Away From the Next Bitcoin Halving
We’re now a bit less than a year removed from the next halving. If history is a guide—and I believe it is—bitcoin’s price should start moving higher as bitcoin’s next halving approaches. And then, post-halving, bitcoin will likely see its next massive run… to somewhere between $350,000 and $500,000.
Yes, I know that’s a crazy large price prediction for an asset that currently trades in the $27,000 range… an increase of up to 1,700%. But bitcoin’s history, as depicted in that chart, is remarkably consistent.
That’s not to say it’s a remarkably safe investment. Clearly, bitcoin, like all crypto, is volatile. And the price changes between bitcoin’s peaks and troughs are remarkably insane.
Nevertheless, bitcoin’s history is a series of lurches and pullbacks, with the lurches driving the price sharply higher every time.
Personally, I believe we’re already in a stealth bull market for bitcoin and crypto. Prices for bitcoin, Ethereum, Solana, and other major cryptos are up sharply off their lows late last year. Bitcoin is up more than 61% in six months. Ethereum’s up slightly less. Solana is up nearly 140%.
I sense this stealth bull market in the commentary I see on Crypto Twitter, where I’m active daily. And I hear it in the conversations I have with crypto teams around the world regularly. Though the media hasn’t yet caught on, it’s clear we’ve exited “crypto winter.”
Still, this early stage of a bull market is always volatile, as bullish and bearish investors grapple over who’s right. For investors like me, we’re in the accumulation phase. As such, I’ve been using this moment to add to my crypto holdings, particularly bitcoin. I’ve been selling off other assets I own to grab more and more bitcoin in preparation for the next bitcoin halving.
My expectation is that bitcoin will see a six- and then seven-figure price before the end of the decade.
Never Too Old to Get Rich
I know lots of people are leery of bitcoin and crypto. And with good reason. The space is more volatile than just about any other traditional asset market. People are scared to put their money at risk.
I’m 57 years old. I got into crypto in my early 50s after spending a lot of time researching it… understanding what it does, and the promise it holds. And I began to see how dramatically crypto was going to change nearly everything about our world.
Those changes are now happening.
All we need to do is look around at the companies now moving into the crypto space. I reference them all the time: McDonald’s, Walmart, Home Depot, Taco Bell, Gucci, Ralph Lauren, JPMorgan, Goldman Sachs, BMW. So many more.
Those companies are telling us what the future will look like.
And I’m telling you how to participate in that future today so that when tomorrow arrives, the little bit of money you put to work in crypto now becomes a whole lot more money than you ever expected.
The next bitcoin halving will very likely launch a new bull market in crypto, as every other halving has done. The best advice I can give you today is to understand where crypto is taking us.
Because in that journey, a vast amount of wealth will be created.