Bitcoin (BTC) is nearly down to its 2021 peak. The original crypto fell to as low as $62,822 on Feb. 6, 2026, but has since made a slight recovery. BTC’s price could see further corrections as we enter bear territory. According to CoinGecko data, BTC is down 1.7% in the last 24 hours, 12% in the last week, 21.5% in the 14-day charts, and 23.5% over the previous month. Moreover, the asset is down by 45% from its all-time high of $126,080, which it attained in October of last year. Let’s discuss why buying Bitcoin (BTC) now could double your money in the next bull run.
Bitcoin Could Double Your Money In The Next Bull Run
Bitcoin’s (BTC) price seems to run in cycles. The asset’s price fell to the $15,000 level just a year after hitting a peak of around $68,742 in 2021. BTC then went on to breach the $100,000 mark in December 2024. Going by that cycle, there is a high probability that BTC will climb to another all-time high in the next bull run.
Many anticipate Bitcoin (BTC) to hit a new all-time high later this year. Bernstein anticipates the asset to breach the $150,000 mark in 2026. If you purchase BTC at current rates, your money will more than double if it hits $150,000.
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Moreover, Bitcoin (BTC) is expected to eventually go way beyond the $150,000 mark. Binance founder Changpeng Zhao (CZ) believes BTC will go somewhere between $500,000 to $1 million. ARK Invest CEO Cathie Wood also believes the asset will eventually touch seven-figure price levels. BTC maximalist Michael Saylor is also a proponent of BTC hitting $1 million. If you buy Bitcoin (BTC) at current rates, your investment could grow 10x if it hits the $1 million mark.