Keynote
Michael Saylor predicts that Bitcoin could reach $21 million by 2046. It cites political and regulatory tailwinds. Swiss block warns of reduced liquidity in the chain and reduces the vulnerability of Bitcoin.
Bitcoin’s biggest advocate, Michael Saylor, has once again raised the bar due to the potential of digital assets. Speaking at the BTC Prague 2025 event, Saylor calls it “a very special time on the network” at $21 million per bitcoin within 21 years.
Based on last year’s bold $13 million forecast, Saylor pointed to political developments, particularly political developments. Donald Trump’s victory And the unexpected embrace of Bitcoin in the White House, As a paradigm shift event.
“I never thought I’d get a strategic Bitcoin reserve. This is an incredible development,” he said. Three important cryptographic notes Many US states are moving through Congress while working to establish cryptographic preparations.
http://twitter.com/saylor/status/1936452216292065671
On-chain fluidity face reset: This cycle is different
Analyst Willie Wu pointed to the SwissBlock study, which shows a significant reduction in fluidity in the chain. This is often a key indicator of market participation and reduced price vulnerability.
According to SwissBlockit has been “reset” in the cryptosystem. While capital is back in Bitcoin, overall activity is declining, liquidity is low, and prices are increasingly affecting the on-chain flow effect on macro trends.
http://twitter.com/woonomic/status/1936673839922167873
SwissBlock pointed out that the bullish long-term structure remains intact, but a risk-off signal that inverts to 1 will result in an important red flag.
Bitcoin risk-off signal | Source: SwissBlock
Also, in a post about Cryptoquant’s Quick Take, Crypto Dan revealed Realised prices surge, average cost base for all BTC holders, as a sign of bullishness. Prices have been steadily rising from early 2024 to mid-2025, indicating that buying pressure at higher prices will continue.
This suggests that even amidst the uncertainty of macros and short-term price stagnation, many market participants bet on long-term benefits.
Chart Analysis: Fibonacci Targets and Fluidity Signals
Based on the daily chart measurements below, it is clear that Bitcoin is going through the textbook integration phase after peaking at around $113,038.
Important Fibonacci levels show support around the floor with a retracement of 0.236 ($107,784) and a 0.0 retracement of 0.236 ($102,837). The next bullish target is the 1.618 expansion level ($119,341). If Bitcoin regains bullish momentum, it will serve as the next key-upside target.
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A crypto journalist with over five years of experience in the industry, Perth has worked with leading media outlets in the Crypto and Finance world, gathering experience and expertise in this field after surviving the bear and bull market for many years. Perth is also the author of four self-published books.
Parth Dubey on LinkedIn
