Expert Predicts Bitcoin Will Surpass $300,000 with Next Major Print; Timeline Deets Inside

Share This Post

The post Expert Predicts Bitcoin Will Surpass $300,000 with Next Major Print; Timeline Deets Inside appeared first on Coinpedia Fintech News

Lawrence Lepard, Managing Partner at Equity Management Associates, shared his views on the future of gold and Bitcoin amidst potential economic turmoil. In a recent discussion with Stephan Livera, Lepard speculated that we are approaching a pivotal moment he terms the “next big print,” which could trigger major price movements in both assets.

He expects that within the next six to 18 months, the financial system may face a crisis—whether from the bond market, the stock market, or another source—forcing governments to inject liquidity into the economy. Lepard believes that when this occurs, Bitcoin could soar to between $300,000 and $350,000, exceeding its previous highs, while gold could rise to between $4,000 and $5,000.

However, Lepard warns of the potential for severe deflation, which could lead to a liquidity crisis despite government efforts to stabilize the economy. In such a scenario, he predicts Bitcoin may retreat to around $85,000 to $100,000, while gold could also face a significant correction.

Looking further ahead, Lepard envisions a second wave of monetary intervention that could result in even more drastic outcomes. He suggests that in a worst-case scenario, as economic conditions worsen, governments might resort to Universal Basic Income (UBI) measures to support struggling families. He foresees Bitcoin potentially reaching a million dollars and gold climbing to between $20,000 and $40,000 during this period of heightened economic distress.

Lepard’s analysis is influenced by the concept of the “fourth turning,” which posits that societal and economic cycles tend to repeat every 80 to 100 years. He believes we are currently in such a turn, which may result in a major reset of the financial system around 2027 to 2031.

Despite the dire outlook, Lepard remains optimistic about the future, arguing that advancements in technology—like AI and nuclear energy—could lead to improvements in living standards. He asserts that a more decentralized financial system could alleviate societal strife and prevent conflicts fueled by centralized government control.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Time To Sell XRP? Whale Dump $27.2 Million Worth of Tokens

The post Time To Sell XRP Whale Dump $272 Million Worth of Tokens appeared first on Coinpedia Fintech News Ripple’s native token XRP has gained massive attention from crypto enthusiasts due to its

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec 19, 2024 In the days following the announcement, the WBTC supply has contracted Wrapped

Bitcoin ETFs Set New Records in Brazil

The recent bitcoin price hike that has driven exchange rates close to $100,000 per token has also fueled the demand for and prices of Bitcoin exchange-traded fund (ETF) shares in the Brazilian stock

Bullish Signs For Cardano: Expert Forecasts $6 Price Target As Buying Pressure Grows

Cardano (ADA), currently ranked as the ninth-largest cryptocurrency, has emerged as one of the market’s top performers It has experienced an impressive 108% increase over the past two

Key Economic Events In Focus This Week: US PCE, FOMC Minutes, Q3 GDP

The post Key Economic Events In Focus This Week: US PCE, FOMC Minutes, Q3 GDP appeared first on Coinpedia Fintech News The crypto community has witnessed a massive rally in recent days in the

Bitcoin Whales Remain Determined, $3.96 Billion Worth Of BTC Gobbled Up In 96 Hours

All eyes are on Bitcoin, especially as many traders continue to anticipate a break above the $100,000 mark This anticipation has cascaded into a spike in activity, especially among Bitcoin whales