BlackRock’s Fink Bets Big: Bitcoin Could Rocket to $500K Within a Decade
Wall Street’s ultimate institutional whale just dropped a bullish bomb on crypto. BlackRock CEO Larry Fink—once a skeptic, now a true believer—predicts Bitcoin could smash through half a million dollars within 5–10 years. Talk about a glow-up.
The man overseeing $10 trillion in assets now sees Bitcoin as ’digital gold’ on steroids. Meanwhile, traditional finance bros are still trying to short it with their 2017 playbooks.
Fink’s conversion mirrors BlackRock’s aggressive push into crypto ETFs. When the world’s largest asset manager starts drinking the Kool-Aid, maybe—just maybe—the ’magic internet money’ crowd was right all along.
Bitcoin’s bullish momentum continues. On May 8, BTC surged 6.41% in a single day, once again climbing above the crucial $100K mark. In the last seven days, Bitcoin has risen by 6.9%, and in the past 24 hours alone, it gained at least 0.3%.
The recent rally has sparked renewed excitement in the crypto space, especially after a bold prediction from BlackRock CEO Larry Fink, who believes bitcoin could trade well abovewithin the.
Larry Fink’s Bitcoin Price Prediction
BREAKING
Blackrock CEO Larry Fink says: "we will be seeing #bitcoin well above $500k in the next 5 to 10 years, this is a $10+ trillion dollar asset" pic.twitter.com/P4hIBqoxkq
BlackRock’s CEO Larry Fink predicts Bitcoin couldwithin 5–10 years. He also labeled Bitcoin a potential, reinforcing growing institutional faith in crypto.
The momentum is backed by ETF activity. The U.S. market now hosts eleven Bitcoin Spot ETFs, with a combined AUM of. Their total market cap stands at, with a daily volume of.
BlackRock’s iShares Bitcoin Trust (IBIT) leads the market with an AUM of. In the first few days of this month alone,flowed into IBIT.
Larry Fink’s bold outlook highlights BlackRock’s belief in Bitcoin’s expanding role in the global financial system.
Bitcoin Price Analysis
On November 5, 2024, Bitcoin traded at $69,374.85. Between then and December 17, BTC grew by 56.23%. From December 18 to February 23, 2025, it mostly ranged between $106,132.47 and $92,455.22. On February 24, it dropped by 4.92% in a single day, falling below that range. Later, on April 7, BTC hit a low of $74,532.07.
However, by April 9, strong buying pressure emerged. Since then, the price has jumped 35.38%, reaching $103,376.94.
- Also Read :
- BlackRock Pushes SEC to Approve Ethereum ETF Staking and Tokenization
- ,
In terms of monthly performance:
- January: +9.54%
- February: -17.5%
- March: -2.19%
- April: +14.2%
- May (so far): +9.57%
The Relative Strength Index (RSI) stands at, placing BTC in overbought territory. However, the market is currently:
- 50-SMA: $88,534.40
- 100-SMA: $89,842.09
- 200-SMA: $91,233.80
Theline is at, well above the signal line at, signaling bullish momentum. Though theis at, indicating some negative volume pressure, overall sentiment remains bullish.
Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Will Bitcoin reach $500K?BlackRock CEO Larry Fink predicts Bitcoin could exceed $500,000 in 5–10 years due to rising institutional adoption.
How many Bitcoin ETFs exist in the U.S.?The U.S. hosts 11 Bitcoin Spot ETFs, holding over $118 billion in assets under management (AUM).
Is Bitcoin currently overbought?Yes, with an RSI above 75, Bitcoin is in overbought territory, signaling strong momentum but possible short-term pullback risk.
