There’s a lot of noise out there claiming the bull market is done. But history and macro conditions say otherwise.
Let’s start with history:
Cycle Bottom Price Top Price Return (x)
---------------------------------------------------------
2011 → 2013 ~$0.30 ~$1,200 3428.5x
2014 → 2017 ~$238 ~$19,000 79.83x
2018 → 2021 ~$3,300 ~$69,000 20.9x
Each Bitcoin cycle shows diminishing returns — sure — but the pattern isn’t linear, it’s **logarithmic**. That’s a key distinction, making it harder to predict the actual multiple for the next cycle. The **rate of reduction slows over time**, so while we may not see another 20x, we’re still well within range for a **major move**. So far, BTC has reached around **$108k** — a **6.75x from the 2022 bottom (\~$16k)**. Substantial, yes — but **likely not the peak**, for several reasons.
Now look at the current macro setup:
* **Quantitative Easing (QE)** is almost guaranteed to return — possibly **as early as Q2 2025**. And when QE starts, **risk-on assets** like crypto tend to fly.
* The **global M2 money supply** just hit an **all-time high**. Historically, that’s followed by a **rally in risky assets with \~80% probability** — usually with a **3 months lag**.
So here’s the real question:
>
**Gold? Real Estate?** **or Savings Account?** Come on.
Bitcoin and crypto are the most asymmetric bets left on the table.
Buckle up. This bull isn’t over — it's probably just **stretching before the sprint,** Trump's tarriff is just pulling its leg a bit further before the launch.