Every few months, cryptocurrency skeptics resurface, declaring Bitcoin dead yet again. 

This time because of a market dip, regulatory noise, or geopolitical turbulence. They've been wrong for 16 years.

If you've been here long enough, you know the truth that Bitcoin isn't dying. 

It's maturing into the foundation of a new financial era, with a realistic path to $500,000+ in the coming decade and beyond.

But if you’ve been in this space as long as I have, you know the reality is exactly the opposite. 

Bitcoin isn’t going to zero. In fact, it’s building the foundation to go much, much higher, potentially to $1 million per coin.

The Institutional Wall of Money

The biggest difference between today and the Wild West days of 2017 is who is actually buying. 

We aren't just looking at retail traders on their phones anymore. We are looking at the biggest financial institutions on the planet.

BlackRock, Fidelity, and even major banks like JPMorgan are no longer just watching from the sidelines. 

  • Spot Bitcoin ETFs saw ~$22 billion in net inflows in 2025 (despite late-year pullbacks), with BlackRock's IBIT alone pulling in $25 billion+ and becoming one of their top revenue drivers.

  • Institutions now hold ~25% of Bitcoin ETPs, and surveys show 85% of firms already allocate or plan to in the near term.

  • U.S. Strategic Bitcoin Reserve discussions and pension funds (ex. Wisconsin, Michigan) expanding holdings.

They are integrating Bitcoin into the very plumbing of the global financial system. When the world's largest asset managers start treating Bitcoin like a core pillar of a modern portfolio, the zero argument effectively dies.

As Michael Saylor, Executive Chairman of MicroStrategy, recently said regarding the long-term trajectory:

"My forecast is $13 million a coin by the year 2045, and what I tell everybody is every bitcoin you don't buy today is going to cost you $13 million in the future." 

Bitcoin chart from Michael Saylor 

The Skeptics are Wrong Again

While fiat currencies continue to be printed at record rates, Bitcoin’s supply remains mathematically fixed at 21 million. It is the only asset in the world where an increase in demand cannot lead to an increase in supply.

Cathie Wood, CEO of ARK Invest, has consistently highlighted this scarcity, even while adjusting for the evolving role of stablecoins.

Wood said:

"Our bull case for Bitcoin is $1.5 million by 2030... Bitcoin is still strengthening its role as a global store of value." 

Prepare for the Noise

Does this mean it's a straight line up? 

Absolutely not. 

When the bull market started, I thought Bitcoin was going to $200,000. Then as the market and political dynamics changed I lowered my expectations to $150,000. 

The path to $1 million will be paved with 20%, 30%, and even 50% pullbacks. The media will call it a crash every single time. 

Cryptocurrency critics will use every dip to tell you I told you so.

Remember that the volatility is the price you pay for the performance. Institutional investors aren't looking at the 24-hour chart. They are looking at the 10-year horizon. 

The path ahead won't be linear. You can expect 30-50% drawdowns that the media will sensationalize. But institutions aren't trading the daily chart. 

They're building for the decade ahead.

Tune out the FUD. Focus on the fundamentals. 

The best time to accumulate was yesterday. The next best time is today.

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This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any significant financial decisions.

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