Bitcoin’s Bold Future: Will It Really Hit $200K by 2025?

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In an exclusive note shared with The Block, Kendrick took a moment to talk about the potential political pressure on central banking systems — and how that could give Bitcoin a serious boost. According to Kendrick, this could cement its status as a go-to hedge against the inevitable risk of government blunders. Which, let’s face it, is a risk we’re all becoming too familiar with. 😅

And let’s not forget the looming possibility of [Fed Chairman Jerome] Powell being replaced, something Kendrick suggests could accelerate this trend. A shake-up in leadership? Sure, why not! It’s like watching your favorite show when the characters start making unpredictable moves. 🎬

Bitcoin’s Role in a Shifting Macro Landscape

Kendrick sees Bitcoin as more than just a digital curiosity — it’s practically the Swiss Army knife of portfolio assets, especially during times of financial turmoil. While it’s known to guard against private-sector failures like those pesky banking crises, it really shines when government institutions get a little too… let’s say, “scrutinized.” You know, the kind of scrutiny that usually follows when things go terribly wrong. 😬

He points out the interesting correlation between Bitcoin and the 10-year U.S. Treasury term premium, which recently reached a 12-year high. You’d think that would have Bitcoin jumping to attention, but apparently, it’s been a bit sluggish, likely because it’s been acting more like a hyperactive tech stock than a reliable store of value. Oh, the drama! 📉💥

“Bitcoin has historically moved in lockstep with the 10Y term premium,” Kendrick explained, like he’s narrating a crime thriller. “But recently, it’s been more of a high-growth tech stock. Slow and steady wins the race, right?” Sure, Kendrick. Sure. 🐢💸

Price Prediction: $200K by 2025, $500K by 2028

Reaffirming his bullish stance, Kendrick is sticking to his guns, predicting that Bitcoin will soar to a whopping $200,000 by the end of 2025. By 2028? Well, we’re looking at a cool half a million. No big deal, just casually redefining wealth on a global scale. 💰

And while he acknowledges Bitcoin’s evolving role — from speculative moonshot to a digital gold-like safety net — Kendrick’s confident that its transformation is far from over. So if you’re not buying in yet, maybe you should start taking notes. Because Bitcoin’s not just for gamblers anymore. 🎲💸

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2025-04-22 22:45