Bitcoin hit $86,000 this week.
And not long ago, we were around the mid-$60,000s.
Think about how quickly the psychology changes.
At $65,000, people were scared.
“I’ll wait.”
“It’s going lower.”
“I’ll buy when things settle down.”
Then Bitcoin moved through $75,000.
Then $80,000.
And on Monday, Bitcoin surged above $86,000, reaching an intraday high above $87,000.
Now the people who were afraid to buy cheaper are starting to feel FOMO.
This is exactly how Bitcoin works.
And there are real forces behind the move.
U.S. spot Bitcoin ETFs attracted $433 million in net inflows on Friday alone, led by Fidelity and BlackRock.
Strategy also disclosed another $75.7 million Bitcoin purchase, bringing its holdings to approximately 846,000 BTC.
Nobody knows what happens tomorrow. Bitcoin could absolutely pull back again.
But here’s what I keep asking people:
If you wouldn’t buy at $65,000…
and you wouldn’t buy at $75,000…
and you wouldn’t buy at $80,000…
What price are you waiting for?
$100,000?
A new all-time high?
I believe Bitcoin eventually reaches $1 million. That’s my prediction, not a guarantee.
But if I’m right, the difference between $75,000 and $86,000 may someday look very small.
There will only ever be 21 million Bitcoin.
You can keep waiting. Bitcoin won’t.
My view hasn’t changed: think long, act early. — Prakash
