After 3 years of buying and accumulation, my Bitcoin stack finally is at 3 BTC. This is close to what the block reward will be after the next halving - 3.125 BTC.
I wonder if that is in any way significant.
Bitcoin is clearly going up in price and having its day in the sun. But I wonder if it is just a short term trend or will Bitcoin continue to rise for decades to come. Part of me thinks Bitcoin will peak in the public’s imagination with Gen Z. After that some other investment trend will capture the next generation’s (Gen Alpha) fancy.
This I think peak Bitcoin will happen as Gen Z matures into their 30s over the next 10 years or so. Perhaps BTC will reach the half the market cap of gold / so that’s a price target around $300-400k but no more. I think if it gets to that range, I will sell my stack for $1M and use it to pay off my mortgage.
What do y’all think?
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