Bitcoin's current trading price exceeds $100,000, reflecting a remarkable 550% increase from its cycle lows of around $15,500 following the FTX collapse in November 2022.

At the time of the FTX collapse, the sentiment surrounding Bitcoin was characterized by extreme fear, leading many to question its potential for recovery.

Comparing current prices with previous cycles, Bitcoin's price trajectory resembles that of the 2015 and 2018 cycles, both of which experienced substantial gains from their respective lows.

If Bitcoin continues to follow the patterns established during the 2015 to 2018 cycles, it could reach approximately $186,000 by the end of the first quarter of 2025 and potentially peak around $1.7 million by October 2025.

A conservative estimate suggests that a 10x increase from Bitcoin's current levels could see the cryptocurrency valued at around $1 million.

Historical data indicates that Bitcoin increased twentyfold during Donald Trump's first presidential term, hinting at the potential for significant growth under his current administration.