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GM. This is Milk Road, the newsletter that just read Bitwise’s 2029 $BTC price prediction and decided to buy a Lambo. |
Here’s what we got for you today: |
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BITCOIN WILL HIT $???K IN 2025 😳 |
“Describe a potential supply crunch, without directly describing a potential supply crunch.” |
Matt Hougan (CIO of Bitwise): |
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(Chills. Literal chills). |
Here’s what we love about Matt and Bitwise: |
Their predictions are easy to get excited about – and are often beaten. |
E.g. Matt’s 2024 prediction for Bitcoin was $80k. Which, when we first heard it, seemed out of this world! (Most people were predicting we’d only be recapturing $69k around now). |
…yet here we are at the end of 2024, with Bitcoin having breached $100k! |
The good news: Bitwise just released their 2025 crypto market predictions. |
They have 11 in total (which you can check out here) – but for now, we’ve trimmed things down to our top 5 favorites. |
1/ Bitcoin, Ethereum and Solana will all hit all-time highs of… |
$BTC $200,000 – thanks to the continued support from the ETFs, as well as new adoption from corporations and governments. $ETH $7,000 – thanks to a massive narrative shift (driven by the growing L2 ecosystem), alongside building interest in the ETFs. $SOL $750 – thanks to ‘serious’ applications moving onto the Solana network, complementing its dominance in memecoins.
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2/ The Bitcoin ETFs will have an even bigger year in 2025 |
Bitwise estimates that $35B+ will enter the Bitcoin ETFs next year. Not too shabby! |
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3/ 2025 will be the year of the crypto IPO |
The companies that Bitwise expect to see IPO? |
Circle (issuers of $USDC) Figure (the crypto lending platform) Kraken (one of the largest US-based crypto exchanges) Anchorage Digital (a company focused on crypto infrastructure) Chainalysis (one of the biggest names in crypto compliance and analysis)
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We interrupt your regularly scheduled programming for a word from our sponsors |
Stick around though, ‘cause prediction #5 is a doozy! |
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BITCOIN WILL HIT $???K IN 2025 😳 (P2) |
Ok, where were we? |
Ah yes… |
4/ The number of countries holding Bitcoin will double |
As it currently stands, there are 9 countries that hold Bitcoin (👇). A doubling of nation-state level demand for Bitcoin could have massive upward momentum on price. |
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5/ BONUS: In 2029, Bitcoin will overtake the $18T gold market and trade above $1M per $BTC |
It’s predictions like these that get us feeling irresponsibly bullish! |
For context, Bitcoin is currently the seventh largest asset by market cap (👇). |
Bitcoin flipping gold would also mean it flips Google, Amazon, NVIDIA, Microsoft, and Apple in the process. |
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The cherry on top of all of this? |
We just sat down with Matt Hougan himself on today’s episode of The Milk Road Show. |
In this episode, we cover: |
The sector/app that will onboard a million users in 2025 The percentage weighting on the likelihood of a US Bitcoin strategic reserve The total combined amount of Bitcoin that will be purchased by governments, corporations and ETFs in 2025
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Click below to watch now (you don’t want to miss this one!). 👇 |
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YouTube | Spotify | Apple Podcasts |
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PRO “WHERE ARE WE IN THE CYCLE?” INDICATORS 🤔 |
Crypto moves in cycles, and knowing where we are in the current cycle is crucial for capturing the best opportunities. |
The goal is to spot the bull market peak before the inevitable bear market hits your bags hard. |
Since timing the top perfectly is almost impossible, we use various indicators to give us a better shot at taking profits before it's too late. |
Below are the 6 indicators we track, with a color-coded system to show how close they are to signalling the market peak: |
🟢 Plenty of room to run 🏄 |
🟡 Getting closer to the top signal, but haven’t yet reached the mark ⚠️ |
🔴 We’ve hit the market top indicator 🚨 |
Every Thursday, we update these 6 indicators exclusively for PRO members. |
Our advice? Don't wait for all of them to hit 🔴. It's better to take profits as they get closer to that point. |
Let's dive in and see if we're anywhere near the top of this bull market. 👇 |
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| | PRO REVIEW OF THE WEEK | |
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BITE-SIZED COOKIES FOR THE ROAD 🍪 |
Meanwhile offers life insurance but with a Bitcoin twist. Sure, life insurance can be boring but this one lets you benefit while you’re still alive. Interesting, huh?* |
Vitalik adopts Moo Deng. Honestly thought this was fake news at first, but it’s real—and it’s awesome. Crypto at its finest. |
$PENGU is killing it. Just days after its launch, it’s now the largest memecoin on Solana. Impressive. |
KULR buys Bitcoin for its treasury strategy. Another one! More and more companies are jumping on the Bitcoin train. Choo-choo. |
We’re hiring! Calling the brightest minds in crypto to join our team but hurry, there’s only 4 roles left. |
Solana staking lets you lock up $SOL, secure the network, and earn rewards. It’s a win-win for you and the blockchain. |
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MILKY MEMES 🤣 |
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ROADIE REVIEW OF THE DAY 🥛 |
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. |
