Why It May Be Risky Not To Have Bitcoin in 10 Years from Now?

Yet, recently, Thecryptobasic.com, a website where you can find the news and trends on cryptocurrencies, has published an article with a spooky heading: “Here’s Why Not Holding Bitcoin by 2034 Would Be Risky.” The release was inspired by the Reddit conversation of crypto fans, and it offers another approach to the question: it is possible that in the ten years, amid the growing economic decay, Bitcoin can be the most stable and reliable way to protect your assets.  

Let’s discuss the key bitcoin news now and also what makes Bitcoin a safe coin to hold and how its price may change in the following days, weeks, and years. 

Bitcoin price Predictions From Industry Leaders

Bitcoin enthusiasts have always been overoptimistic about the growth of Bitcoin’s price in through they year, but were they wrong in total, or just in dates? 

Hal Finney, the first person to ever receive bitcoins from Satoshi Nakamoto, once suggested that Bitcoin’s price may reach 10 million dollars. Yet, to reach this condition, it have to be globally recognized, legal and  become the dominant world payment system. Jon Mcaffee famously expected the price of Bitcoin to reach $500,000 by 2020. Although this never happened, some modern-day’s forecasts predict that we can reach this price in a year or two. 

Cathie Wood’s investment fund, which is one of the earliest companies to see the value of Bitcoin also expected that the price of Bitcoin could exceed 1 Billion by 2030. 

Such a growth of cryptocurrency can be attributed to different factors but, perhaps, politics will play one of the key roles in Bitcoin’s price growth. 

Anthony Pompliano, The Professional Capital Management founder and CEO made a bold prediction in recent interview to CNBC, pointing out that the price of Bitcoin reacts to the state of fiat currencies and theirinflation levels. Accorfing to his viewpoint, governments will never stop printing money, so, Bitcoin, which is protected from inflation will grow in value on contrast to fiat currencies. 

The Halving Events as A Scarcity And Demand Driver

Bitcoin is protected from inflation by the so-called halving events, or the events of cutting the revenue Bitcoin miners receive by two. 

The bitcoin blockchain is built on the Proof-of-Work principle, meaning that to add a new block to the chain, a miner has to solve a complex arithmetic riddle. Since the number of people wishing to get richer in this way was growing exponentially, the halving even was introduced. 

It takes place every four years, and as mentioned, reduces the price of bitcoin by two. For example, in 2012 the award for a new block constituted 25 Bitcoin. In 2016, this amount was reduced to 12.5. In 2020, it was 6.25 bitcoins and in 2024, it was reduced to 3.124. 

The next halмing event is planned to take place in 2028, and after that the price of a new block will be only 1.56 bitcoins. 

The halving strategy also helps sustain the chain. There are about one million bitcoins left to mine and the halvings help to postpone the moment when the last bitcoin is issues. 

The Bitcoin maximum is likely to be reached in 2141 and after that the blockchain managers will have to create other methods to sustain the chain. 

Bitcoin halving also helps to keep the cryptocurrency in scarcity which is the process opposite ton inflation. Thant is why it is safe from the economic crisis and in case of such it can help people protect their assets. 

The scarcity also supports demand. It helps to sustain Bitcoin value and drives investor interest. 

It is worth mentioning that, although it is not a law, historically, after every halving event, the price of Bitcoin rises, which is a marker of a positive market sentiment. That is why, the four previous halving events in the past support the idea that less bitcoins are left to mine the more attractive they become to consumers. 

Yet, no need to wait for the next event – thecryptobasic.com, a website about the latest Bitcoin news prompts that the market is  bullish and offering good “buy” signals to consumers. 

The Short-Term Market Forecast

According to most market forecasting resources like Changelly, October is a good month for Bitcoin with the daily prices growing from 2% to 6% compared to the beginning of the month. 

As of now, crypto analysts expect that in October 2025, the BTC price will fluctuate between $124,839.94 and $132,877.24.

Although, according to the same resource, the Bitcoin price will slightly drop, with the maximum for November be $127,897.11, the long-term prognosis is positive. For example, it is predicted that in the following years, Bitcoin price will cross one million mark and by 2040, we are likely to see the six million mark on the charts.

Summing up

Although the first Bitcoin enthusiasts were, too optimistic about the currency’s potential to increase in price fast, it is quite possible that its growth in the coming years will continue to live up to their predictions. The dependence of fiat currency on the government, inflation and political instability turns people’s attention to alternative ways to protect their assets with cryptocurrencies.