My predictions of BTC and Hive at the 2028 Bitcoin halving

I am not watching out for the next Bitcoin halving in 2024, but the one in 2028.

For the simple reason that the longer horizon accords me with more tolerance for errors. The year 2024 is pretty close, and things do not look good given the current global situation.

Let's stretch it to 2028, the fifth halving for Bitcoin. Things could better balance out and a look at what might happen in 2028 could give us some clues about what to do today. If we are willing to wait that long, so to speak.

We all know that every Bitcoin halving is accompanied by euphoria in the crypto market. The market was always bullish around the period of halving. What was meant to be Bitcoin's party always turns out to be a party for other altcoins. Clearly, that was precipitated by attention from the retail market, seeing BTC prices skyrocketing due to Bitcoin halvings.

Screenshot 20221007 at 9.55.00 PM.png

Based on the simple interpolation above, I am predicting that Bitcoin could be worth about $160K per piece in 2028. This is obviously a very modest value compared to what some had suggested, say in the range of millions.

Of course, bear in mind this is 2028, six years from now, i.e. a long wait.

If this materializes, it would mean that an investment of $20K in BTC at today's price yielding $160K six years later means that the yield rate is about 110% per year.

Let's look at Hive next.

Screenshot 20221007 at 9.56.50 PM.png

Assuming that we have a crazy bull market for altcoins at the 2028 Bitcoin halving, my interpolation of Hive price suggests that Hive could be $8 per piece. Again, you may think this is overly modest given that Hive would have undergone much more development by then.

Still, from $0.5 to $8.00 in six years would mean the annual yield rate is about 250%.

With all these predictions, I can now ask how much do I want to have earned in 2028 from Bitcoin and Hive? This would give me a clue of how much I need to put in today at the thick of the bear market.

You may not agree with me, but hey it's 6 years I am talking about. So who knows what would happen?

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @jacoalberts and @youngkedar98!