Bitcoin has the potential to surge, especially if a ‘big print’ from policymakers actually happens.
At the time of writing, Bitcoin is currently trading at $67,983, down 0.05% since it opened early Tuesday in Asian trading.
For many investors, this is not just speculation but about how global factors could shape the future of the world’s largest digital asset.
According to John Haar, managing director of Swan Private, in an interview with Milk Road, the world has seen several big money prints in our lifetimes.
The most recent occurred during the COVID-19 pandemic, when many began to see Bitcoin as a hedge against inflation and economic instability.
Haar believes that the next big money print is only a matter of time.
What could trigger a ‘big print’? Haar lists several key factors.
Among them, a major war or serious military mobilization. But not all current conflicts are considered sufficient to trigger this surge, unless they truly involve a major crisis.
In addition, job changes due to AI, state budget failures, large credit bailouts, pension system problems, and regional banking crises are also possible triggers.
Even natural disasters or large-scale expansion of social benefits could also be catalysts for large-scale money printing.
When the ‘big print’ occurs, Bitcoin is expected to become the choice of many investors. It is more accessible than real estate or private equity, which require a more complicated buying and selling process.
Institutional and individual investors are expected to rush to add to Bitcoin holdings, pushing the price up rapidly.
Nevertheless, Haar emphasizes that Bitcoin has incredible long-term potential. According to his prediction, the value of one Bitcoin coin has the potential to reach $1 million between 2030 and 2035, whether money printing occurs or not.
What is certain is that demand for Bitcoin continues to increase, and it is increasingly accepted by large investors and institutions.
