Bitcoin’s Meteoric Rise: BlackRock CEO Predicts $500K in 5–10 Years
Bitcoin continues its bullish trajectory, with BlackRock CEO Larry Fink making a staggering prediction that BTC could surpass $500,000 within the next decade. The cryptocurrency recently reclaimed the $100K mark, showcasing strong momentum and investor confidence.
BlackRock CEO Larry Fink Predicts Bitcoin Could Reach $500K in 5–10 Years
Bitcoin’s bullish momentum shows no signs of slowing. The cryptocurrency surged 6.41% on May 8, reclaiming the critical $100K level. Over the past week, BTC has gained 6.9%, with a 0.3% increase in the last 24 hours alone.
BlackRock CEO Larry Fink has fueled market Optimism with a bold long-term prediction. "We will be seeing bitcoin well above $500K in the next 5 to 10 years," Fink stated, positioning BTC as a potential $10+ trillion asset class. This endorsement from the world’s largest asset manager underscores growing institutional confidence in cryptocurrency’s future.
Bitcoin Price Prediction: How Much Will 1 BTC Be Worth in May 2025?
Bitcoin’s price hovers around $103,000 after a significant breakout, signaling a potential accumulation phase. The consolidation above $100,000 is a bullish indicator, often preceding major upward movements. Historical patterns suggest that such phases can lead to new highs, but technical levels mirror previous correction triggers, introducing uncertainty.
Market participants are divided on whether the current range-bound action will resolve into another leg up or face rejection. The crypto’s behavior in coming weeks will likely determine its trajectory toward mid-2025 targets.
Bitcoin Surges Past $100K as Analyst Predicts Major Bull Cycle
Bitcoin has shattered the $100,000 barrier, marking a pivotal moment in its market trajectory. Renowned crypto analyst Rekt Capital identifies this breakout as the dawn of a new four-year cycle, with 2025 poised to be the peak of the current bull run.
Historical patterns suggest significant upside potential, as Bitcoin’s cyclical behavior—bull markets followed by bear phases and recovery periods—repeats. This rally isn’t merely a price spike but potentially the foundation for sustained gains.
Bitcoin’s $150K Dream Delayed by Panic Sellers, Claims Michael Saylor
Bitcoin’s ascent toward $150,000 has been hampered by short-term investors prematurely offloading holdings, according to MicroStrategy founder Michael Saylor. The sell-off reflects a lack of long-term conviction among certain holders, including institutional entities like governments and bankruptcy trustees.
New demand is emerging from ETF investors and corporate treasury buyers, potentially offsetting the volatility. Saylor emphasized the critical divide between speculative traders and those with a decade-long investment horizon during a recent Coin Stories podcast appearance.
Steak ‘n Shake to Accept Bitcoin Payments Across All U.S. Locations
Steak ‘n Shake is making a bold move into the cryptocurrency space by accepting Bitcoin as a payment method at all its U.S. outlets starting May 16, 2025. The fast-food chain, with over 500 locations nationwide, aims to pioneer one of the largest Bitcoin integrations in the quick-service industry.
Social media teases since early this year—including polls and Bitcoin-themed visuals—hinted at the initiative. The announcement has sparked significant public interest, positioning the brand as a forward-thinking player in digital currency adoption.
Weaker Dollar Signals Bitcoin Surge? Analyst Predicts BTC Price To Hit $200K by Summer
Economic expert Tomas has identified a critical market signal that could propel bitcoin and other risk assets significantly higher this summer. The sharp decline in the US Dollar Index during Q1, historically a precursor to strong rallies in assets like Bitcoin, suggests a potential surge with a typical three-month lag.
The US Dollar Index, which began the year at $108.512, has slipped by 3.93% in Q1 and declined over 4.36% in the previous month, now sitting at $100.4. Tomas predicts that if this pattern holds, Bitcoin could reach $150,000 to $200,000 in the coming months.
The correlation between a weakened dollar and Bitcoin’s performance underscores the cryptocurrency’s growing role as a hedge against fiat currency fluctuations. Institutional interest and macroeconomic trends continue to drive speculative optimism in the crypto market.
