NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Expert Explains Why Bitcoin Price Could Explode To $1 Million This Cycle

Jake Simmons
Jake Simmons
1 year ago
3 mins read
Bitcoin price prediction

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In the latest episode of the What Bitcoin Did Podcast, hosted by Peter McCormack, Jack Mallers, CEO of Strike, made a stunning prediction for the Bitcoin price. Mallers speculated that BTC could reach a valuation between $250,000 to $1 million in the current economic cycle. Mallers grounded his prediction in the broader context of global economic practices and central bank policies, emphasizing the unprecedented nature of today’s financial challenges and opportunities.

Why Bitcoin Is Poised To Reach $1 Million

Mallers highlighted the global debt-to-GDP ratio, which has surged beyond 300%, as a critical indicator of economic imbalance. “Global debt tells you how much time and energy from the human population and its future have been borrowed,” Mallers explains.

He argues that this disproportionate ratio signals that governments are borrowing future resources extensively without a feasible plan for repayment. This practice, he suggests, is akin to borrowing from future generations, reducing their potential quality of life and economic freedom.

Related Reading

Bitcoin price news

Here’s When Bitcoin Is Predicted To Break Its All-Time High If History Repeats

1 year ago

“Looking at Global debt, you can see how much time and energy from the human population and its future have been borrowed. Then if you look at the growth which is what that metric tells us […] they’ve borrowed a lot of our future and a lot of our time and energy with no way to pay it back,” Mallers remarked.

The Strike CEO is concerned that this could lead to significant economic and social challenges, particularly as governments struggle to manage these debts without resorting to measures such as currency debasement. Currency debasement, a reduction in the value of money caused by increasing the money supply, is seen by Mallers as a likely governmental response to unsustainable debt levels, which could erode wealth and savings at an individual level.

“I think everyone’s speculation is that currency debasement is the way out for the government. You can steal the time and energy of everyone alive,” Mallers argues.

In this context, Mallers positions Bitcoin as a critical tool for financial autonomy. By converting their wealth into Bitcoin, individuals can opt out of their government’s economic mismanagement and protect their assets from inflation and potential currency devaluation. He emphasizes that Bitcoin’s fixed supply—capped at 21 million coins—makes it immune to the inflationary tactics that governments might employ, unlike fiat currencies which can be printed at will.

Related Reading

Bitcoin

Bitcoin Tops & Bottoms Occur When This Metric Spikes, Analytics Firm Reveals

1 year ago

Mallers is particularly critical of central banks’ practices, especially their manipulation of economic cycles through market interventions. He argued that these interventions have prevented necessary economic adjustments and purgings of inefficiency that are essential for healthy economic dynamics. Such actions have stymied the natural entropy of economic systems, leading to artificially stabilized but fundamentally vulnerable markets.

“I’ve been on record saying I think Bitcoin is going to $250,000 to $1 million long before Trump or any of these rumors or whatever else it’s solely predicated on we’re likely to see the greatest asset bull market in the history of bull markets. why? because central banks have progressively price fixed everything whenever something breaks. they don’t let the business cycle complete,” Mallers predicts.

Central to his critique is the role of central banks in the bond market. Unlike other markets like real estate and equities, which have seen significant interventions to maintain stability, the bond market remains less protected, according to Mallers. This market is crucial as it underpins much of the global financial system, including the strategies governments use to manage public finances.

Mallers predicts a scenario where central banks might soon find themselves unable to maintain control over the bond market without resorting to extreme measures such as massive money printing. He projects that such actions would likely result in an asset price inflation unseen in any prior market cycle. Mallers forecasts:

“So this is the cycle where central banks try and price fix the bond market. The quantity of money printing will be astronomical, you’re going to get 2, 3, 4 or 5 COVID’s worth of printing and I think it’s going to send assets astronomically. High gold, real estate, equities. All right and then Bitcoin is the only truly fixed asset we’ve ever had, and so Bitcoin will outperform everything orders of magnitude.”

At press time, BTC traded at $62,870.

Bitcoin price
Bitcoin price, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Tweet123Share196ShareSend
Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

Read more

His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Over Bitcoin? Matt Hougan Says Institutions Sometimes Start With ETH

Bitwise CIO Matt Hougan has stated that a growing number of professional investors are skipping Bitcoin and turning directly to...

Godspower Owie 7 hours ago
bingx

Το BingX δείχνει τον δρόμο στα κρυπτονομίσματα – Πως θα διεκδικήσετε έπαθλο $5.000

Η πλατφόρμα BingX συνεχίζει να καινοτομεί, αυτή τη φορά με μια δυναμική καμπάνια που φέρνει στο επίκεντρο τους χρήστες της....

Ιωάννης Ριζόπουλος 10 hours ago
Bitcoin

Is The Bitcoin Price Bottom In? Here’s What Social Sentiment Says

On-chain analytics platform Santiment has weighed in on whether the Bitcoin price has reached its bottom, following its drop to...

Scott Matherson 12 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details

Ash Tiwari 23 minutes ago
Bitcoin

Bitcoin HODLers Spend 97,000 BTC—Biggest Move This Year

Keshav Verma 1 hour ago
gouvernement-americain-publie-donnees-pib-blockchain-bitcoin

Le gouvernement américain publie ses données de PIB sur la blockchain Bitcoin

guillaumev 4 hours ago

Premium Sponsors

Press Releases

  • LinkLogis Partners with XRP Ledger: DOT Miners Create Up to...

    2 hours ago
  • Arthur Hayes 3 altcoint fedez fel 100-szorosra 2028-ra

    Arthur Hayes 3 altcoint fedez fel 100-szorosra 2028-ra

    4 hours ago
  • Następny Meme Coin 100x w przedsprzedaży? PEPENODE może przyćmić Pepe w 2025 roku

    Następny Meme Coin 100x w przedsprzedaży? PEPENODE może...

    4 hours ago
  • Arthur Hayes odhaluje 3 altcoiny na 100× do roku 2028

    5 hours ago
  • Предварителна продажба на следващия 100× мемкойн? PEPENODE може да засенчи Pepe през 2025 г.

    Предварителна продажба на...

    5 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.