LATEST: Billionaire Investor Chamath Palihapitiya Believes in Bitcoin Hitting $500K

Weeks after Bitcoin’s fourth halving, the cryptocurrency community is buzzing with predictions about its future value. Billionaire investor Chamath Palihapitiya suggests Bitcoin could reach a staggering $500,000 within a few years, citing historical data showing significant growth 12 to 18 months post-halving. Previously, Bitcoin has shown flatter growth immediately following halvings, with real momentum building months later.

According to past patterns, the first halving cycle saw a 10.67x increase after six months. Subsequent halvings had milder initial growth but eventually reached 27.92x and 7.80x peaks. If Bitcoin follows these trends, the current price consolidation could simply be a precursor to another major price rally.

Palihapitiya also highlights the increased commercialization of Bitcoin, noting the introduction of spot ETFs in the U.S. While emphasizing that his views aren’t financial advice, his forecast aligns with Bitcoin’s established growth cycles, potentially setting the stage for unprecedented highs by October 2025.


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