Deniz 
Bitcoin has recently gained a lot of interest, owing mostly to the Securities and Exchange Commission’s approval and the subsequent launch of spot exchange-traded funds (ETFs) by prominent asset managers. This, combined with the imminent halving and a favorable market climate, has pushed the asset up more than fourfold since the beginning of 2023.
Zooming out, the story is similar. Few assets have beaten Bitcoin’s 1,210% rise over the last five years. But where will the world’s leading cryptocurrency be five years from now?
Bitcoin In The Past 4 Years
Bitcoin’s success over the last four years has been nothing short of spectacular. It has increased by 844%. This is particularly impressive given that it occurred during a period of turbulence, including the coronavirus epidemic, inflationary pressures, rising interest rates, and persistent recessionary concerns. Gold and US Treasury securities, which are considered the safest assets to purchase, have produced weak returns over the last four years, which is surprising given that this is when they should have performed better.
We believe this leads to Bitcoin’s killer use case. It is becoming recognized as a superior store of value and investment opportunity for those seeking to buy an asset with a fixed supply cap. In other words, we believe investors are warming to the idea that Bitcoin has the potential to significantly increase their purchasing power over time, as it has in the past.
Bitcoin Rewards Investors
To be clear, we do not expect Bitcoin to generate the same profits as it has in the past. These massive early gains are unlikely to be possible now that the asset has a market capitalization of $1.3 trillion.
However, we are fairly optimistic that Bitcoin will continue to reward its holders. In fact, in eight of the last eleven years, it has produced higher annual returns than any other asset type. Even if Bitcoin is at all-time highs, it has huge upside potential for the next decade and beyond. There is still a lot of wealth that could come into Bitcoin over time, driving up its price while supply remains controlled. We’d be surprised if Bitcoin hadn’t doubled in price within the next five years. However, we predict its return to be significantly higher.
P.S: This article is not an investment advice