The $100k Question: Is It Too Late To Buy Bitcoin?

No, it’s not too late to buy Bitcoin. Even after reaching $100,000, many experts believe there’s still room for growth, and BTC’s technical indicators also reflect opportunity. 

Bitcoin’s recent surge past $100,000 has caught the attention of investors worldwide. Almost everyone is now bullish on BTC. This milestone was influenced by factors like the election of a pro-crypto president and increased institutional adoption.

Bitcoin hovered around $95,000 throughout November. However, Trump’s appointment of a pro-crypto SEC Chair, Paul Atkins, and Vladimir Putin’s endorsement of the cryptocurrency finally lifted it above the long-awaited $100,000 threshold.

However, the majority of the analysis and investment firms believe Bitcoin’s ultimate price target is much higher. Here’s why it’s not too late to buy Bitcoin:

Institutional confidence signals long-term growth

Institutional investors have demonstrated strong confidence in Bitcoin’s future. Pantera Capital’s Bitcoin Fund, launched in 2013, achieved an extraordinary lifetime return exceeding 131,000% by November 2024. More significantly, Pantera projects Bitcoin reaching $148,000 by mid-2025 and a staggering $740,000 by 2028.

MicroStrategy’s purchase of over $13billion worth of Bitcoin in November 2024, alongside other firms like MARA and Metaplanet, reinforces this confidence. These accumulations happened when Bitcoin was well above $90,000. So, it’s an indicator that these firms believe in the long-term potential rather than considering this level a peak.

Standard Chartered’s Geoff Kendrick suggests Bitcoin could reach $200,000 by the end of 2025, driven by institutional investments in Bitcoin exchange-traded funds. Similarly, Robert Kiyosaki forecasts Bitcoin’s price could soar to $500,000 by 2025. These projections indicate that Bitcoin’s value may still continue to rise throughout the next year, making it a potentially worthwhile investment.

Scarcity and supply dynamics

Bitcoin’s capped supply of 21 million coins forms the foundation of its value. Large-scale acquisitions by institutional players tighten the already limited supply, reducing the number of coins available for new buyers. As retail and institutional demand grows, this scarcity amplifies Bitcoin’s price movements, creating a supply shock.

Tom Lee, a prominent financial advisor, highlighted that the amount of Bitcoin available for immediate purchase on exchanges or OTC (over-the-counter) markets is minimal. This limited liquidity, coupled with rising demand, creates conditions for rapid price escalation. As Bitcoin surpasses psychological milestones like $100,000, new investors are drawn in by FOMO, further fueling the upward trajectory.

Bitcoin’s RSI shows stability

Bitcoin’s current RSI (Relative Strength Index) of 48 suggests it is neither overbought nor oversold. An RSI of 70 or higher typically indicates overbought conditions, where the price might be due for a pullback, while an RSI below 30 suggests oversold conditions, signaling potential for a rebound.

Over the past month, the RSI briefly touched above 70 three times but quickly dropped back into the 36–50 range. This pattern indicates a market that is experiencing short bursts of buying momentum but lacks sustained bullish pressure to keep it in overbought territory. The quick retreats suggest a cautious market with balanced buying and selling pressures rather than one driven by extreme speculation or panic.

For potential buyers, this behavior signals opportunity. A moderate RSI implies Bitcoin is not currently overpriced, reducing the risk of entering at a peak. The lack of sustained overbought levels suggests the market hasn’t reached a speculative frenzy, often a precursor to sharp corrections.

In short, Bitcoin’s current RSI suggests it’s not too late to buy. The price appears stable, with room for growth if market momentum builds. However, as with any investment, understanding the broader market context and managing risk is essential.

Market psychology and adoption

Crossing $100,000 represents more than a price level; it’s a psychological milestone. This figure validates Bitcoin’s role as a legitimate store of value, drawing in a broader range of investors. As retail and institutional adoption accelerate, Bitcoin gains credibility as a hedge against traditional financial market volatility and inflation.

Recent price movements are already fueling this trend. The limited supply, combined with surging demand, positions Bitcoin for continued growth as it gains traction in mainstream and institutional markets.

1. 01.

   What's Bitcoin's price prediction for 2025?

   

   Projections vary, but some analysts foresee Bitcoin reaching between $130,000 and $150,000 by late 2025. Others are more optimistic, suggesting it could climb to $200,000 within the same timeframe. These forecasts depend on factors like institutional investment, regulatory changes, and market demand.

2. 02.

   Is Bitcoin a better investment than gold?

   

   Bitcoin and gold serve as alternative assets with distinct characteristics. Bitcoin offers higher potential returns but comes with greater volatility and risk. Gold provides stability and has a long history as a store of value. Deciding which is better depends on your investment objectives and risk tolerance. Some investors choose to diversify by holding both assets to balance potential growth and stability.