{"id":507,"date":"2024-10-01T13:02:41","date_gmt":"2024-10-01T13:02:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=507"},"modified":"2024-10-01T13:02:41","modified_gmt":"2024-10-01T13:02:41","slug":"bitcoins-long-term-price-prediction-is-586500-says-bullish-trader","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=507","title":{"rendered":"Bitcoin&#8217;s Long-Term Price Prediction Is $586,500, Says Bullish Trader"},"content":{"rendered":"<div>\n<p>A prominent crypto trader predicts <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) to reach $586,500 by 2028, based on a variety of economic factors <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41115200\/blackrocks-ethereum-etf-lags-behind-its-bitcoin-etf-heres-why\">and market trends<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> Trader Doctor Profit took to his social media account to outline his <a href=\"https:\/\/x.com\/DrProfitCrypto\/status\/1840443009751818539\">thesis<\/a> based on factors such as the M2 money supply, the amount of new liquidity, the current movement of gold and the estimated number of lost bitcoin. <\/p>\n<p>The trader expects the M2 money supply to grow by 58% from $21 trillion to $33 trillion by 2028, which he believes, will significantly boost Bitcoin\u2019s value.<\/p>\n<p>Another factor is the impact of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41116738\/bitcoins-long-term-price-prediction-is-586-500-says-bullish-trader\" alt=\"Bitcoin's\" long-term price prediction is says bullish trader>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A prominent crypto trader predicts Bitcoin (CRYPTO: BTC) to reach $586,500 by 2028, based on a variety of economic factors and market trends. What Happened: Trader Doctor Profit took to his social media account to outline his thesis based on factors such as the M2 money supply, the amount of new liquidity, the current movement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-507","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=507"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/507\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}