On February 17, 2025, Bitiwise Invest CEO Hunter Horsely won an X to say he underestimates Bitcoin. He listed why Bitcoin is close to widespread adoption and value at $1,000,000. He challenged everyone to offer a rebuttal, creating a neat digestion of the main issues on his way to the moon.
2025 “It's going to be a turning point”
In a series of X posts, Horsley claims he has never been more optimistic about Bitcoin before, and several reasons why he witnessed Bitcoin “making a massive leap into the mainstream” this year I have outlined the following. According to Horsley, 2025 will be a “fork year.”
Horsley cites favorable crypto regulations as factors that will help grow the Bitcoin ETF, buy large Bitcoin by governments and businesses, and improve Bitcoin this year. In addition to this, Horsley has seen the recent rise in demand for Bitcoin in the geopolitical environment and efforts made by financial institutions and banks to easily onboard Bitcoin for the public. It outlines the factors. In conclusion, Bitwise CEO adds that more reputable people are praising Bitcoin and driving its value even further.
Some of these reasons are not new and reappear every time someone says, “The next bull run is going to be completely different.” Bitcoin, well-known support and institutional interests on improved regulations have already been named in anticipation of the 2020 crypto rallies. Nevertheless, the scale at which all of these factors hit today is another.
For example, many Wall Street veterans have in recent years become advocate for digital currency due to their solid disapproval of Bitcoin. Today, BlackRock manages the world's largest Bitcoin. October 2017, BlackRock CEO Called Bitcoin “Money Laundering Index.”
In 2018, Berkshire Hathaway CEO Warren Buffett called Bitcoin “rat poison” and the company's co-chair Charlie Manger compared Bitcoin trading to sales of Tard. Buffett continued to reject the code the following year. However, in 2021, Berkshire Hathaway invested in NU Bank in Brazil, a digital bank that works with cryptocurrency. These are just two of many examples of how big institutional investors accepted Bitcoin in the 2020s, paving the way for an unprecedented Bitcoin boom.
There will be plenty of offers in 2025 regarding new trends that are invisible at the 2017 and 2021 meetings. The Crypto ETF has already helped raise the support level of BTC prices in early 2024, attracting new big companies to the crypto market.
The current level of demand for Bitcoin from across the country compares demand for certain jurisdictions and businesses to past arms races or space races. For example, there are 20 Bitcoin reservation invoices proposed in 18 US states. If handed over, they could end up in the state purchase Almost 250,000 BTC.
As for the geopolitical aspect of things, Russia dodges Western sanctions and doubles Bitcoin as a means of promoting foreign trade could be a clear example of how global outlooks open gates to crypto yeah. When Spring 2020 proved that people viewed codes as heaven in the age of global shake-ups. These days, the world is almost less stable than in 2020.
Demand for Bitcoin from various types of actors has grown particularly rapidly in 2024 and 2025, but half of 2024 cut supply at the beginning of the new bull market.
Potential pitfalls
Not only did Horsley bring his reasoning behind the bullish predictions, but he also urged his subscribers to tell them that, in their opinion, Bitcoin could reach $1,000,000. We effectively created a decent thread citing all the major issues related to the future and present of Bitcoin.
One disturbing concern is related to quantum computers. Their computational power can be high enough to ruin the Bitcoin network. The question of whether Quantum Computers will effectively end Bitcoin is, as we know what's today, there's still no answer, and that's little good news. One of the commenters did not point out quantum computers, but noted that future technology could generally render Bitcoin irrelevant.
Quantum computers are a potential threat, but another problem on the way to the moon is scalability. @dotkrueger's Moniker goes x users cited that they can't scale “best argument” for Bitcoin quickly reaching 1 million. However, he added that wrapped Bitcoin could be considered a solution to this problem. Horsley agreed, adding that Bitcoin ETF is another relief for scalability issues.
Other commenters cited concerns such as lack of use cases, reluctance for people to use Bitcoin as currency, and doubting a decline in the level of decentralization. One commenter showed off a bit of wit, saying that if Trump and Musk create dollar deflation, demand for Bitcoin would be reduced.
Horsley is not the only expert who says Bitcoin goes further than expected. Brian Armstrong, Robert Kiyosaki and Daniel Roberts have given several names to express similar views. The reasons may vary, but they all expect exponential growth in Bitcoin prices.
