2009 inception took bitcoin from $1 to $260 (260x gain).
2012 halving took bitcoin from $10 to $1200 (120x gain).
2016 halving took bitcoin from $400 to $20,000 (50x gain).
2020 halving will take bitcoin from $5000 to $100,000 (20x gain).
2024 halving will take bitcoin from $50,000 to $500,000 (10x gain).
2028 halving will take bitcoin from $200,000 to $1,000,000 (5x gain).
This is the worst case scenario, this is the trajectory if bitcoin just keeps doing for the next 10 years what it has done for the last 10 years.
This could be considered extremely conservative if a bull run led by institutions, banks and government agencies evolves.
Given the recent news that south korean commercial banks now own more bitcoin than korean exchanges as a way to hedge risk its looking like $1 million bitcoin will be achieved well before 2028.
Read more: reddit.com