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- A top Financial analyst have advocated that everyone holds at least 0.1 Bitcoin.
- Despite regional trade wars, Bitcoin price has stayed resilient, rebounding from historic lows.
Bitcoin (BTC) and other top cryptocurrencies rebounded from their bearish price levels during today’s early trading session. Following the latest surge, financial analyst Rajat Soni highlighted the importance of owning 0.1 BTC.
How Investors Can Leverage on Bitcoin Scarcity
The financial analyst emphasized in an X post that only 21 million Bitcoin units exist, making the coin a scarce asset. As a result, he noted that acquiring 0.1 BTC could position individuals to secure generational wealth.
However, Soni acknowledged that some individuals may find acquiring 0.1 BTC mathematically challenging. At current market prices, 0.1 BTC is valued at approximately $9,863. This amount would skyrocket to $100,000 if Bitcoin hits the $1 million milestone.
Therefore, Soni advised investors to buy Bitcoin because the sooner they begin, the better the payoff. He sees this as a major strategy for achieving financial stability.
Soni’s comments follow a recent survey that revealed more American parents are shifting from traditional 529 savings plans to Bitcoin. In a recent study, CNF reported that 86% of crypto-holding parents intend to invest in Bitcoin for their children.
Meanwhile, the latest Bitcoin rally followed an announcement from US President Donald Trump to postpone the implementation of new tariffs on Canada and Mexico. This decision boosted investor confidence, resulting in a substantial rebound in crypto prices.
As highlighted in our previous article, the US government recently announced new tariffs on importation from China, Canada, and Mexico. Chinese imports received a 10% tariff imposition, while Canadian and Mexican imports underwent a 25% tariff increase.
The financial and crypto markets reacted strongly to this decision, increasing global trade tensions. Bitcoin dropped to around $91,200 before stabilizing at $94,000 on February 3. Leading altcoins like Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and XRP were not left out of the Monday market bloodbath.
Following President Trump’s latest announcement, Bitcoin briefly surpassed $100,000 before stabilizing around $98,637, up 4.2% as of this writing.
Bullish Bitcoin Projections
Several market participants and analysts have raised optimistic projections for Bitcoin’s future price trajectory. In December, Eric Trump, the son of US President Donald Trump, predicted that Bitcoin would eventually reach $1 million.
Eric gave the prediction while speaking at the Bitcoin MENA Conference in Abu Dhabi. He described Bitcoin as a financial revolution that changed how he controlled business treasury operations and transactions.
Shortly after Eric’s statement, Trump Media and Technology Group, a media firm partly owned by President Trump, announced a $250 million investment in stocks and crypto. As CNF discussed earlier, this move represents the firm’s transition from a social media platform to a full-fledged digital ecosystem.
Furthermore, Lyn Alden, an investment strategist, predicted Bitcoin could trade at $1 million within the next decade. Alden cited Bitcoin’s growing adoption as a digital asset and store of value as key factors supporting this price projection.
Alden’s bold forecast supports Cathie Wood’s $1 million Bitcoin target. However, instead of Wood’s 2030 timeline, Alden pointed to a more feasible estimate by 2035.