BTC might reach the $150K-$250K range in the next 2-3 years. Its scarcity combined with long-term adoption potential makes me optimistic, but the volatility is too high—no one can predict the exact numbers. Scarcity is key: the total supply is capped at 21 million, and halving events continuously tighten supply. Long-term adoption (institutional allocation, cross-border settlements, digital gold narrative) will drive demand. The $150K-$250K range is my personal optimistic estimate based on historical cycles and network effects, but macro volatility, regulations, and market sentiment could push the actual price much higher or lower. No one can predict the exact numbers—just take this as a reference. Historically, halving cycles occur roughly every 4 years: after halving, supply tightens, and bull market peaks are typically seen 12-18 months later (2013, 2017, 2021, and likely 2025). This is followed by a bear market lasting about 1-1.5 years, with retracements gradually becoming less severe (from over 80% in early cycles). The return multiples have significantly decreased, and as the market matures, the volatility patterns are also adjusting. However, scarcity remains the driving force. Based on historical halving patterns, the next halving is expected around April 2028, with the bull market peak likely occurring 12-18 months later, approximately between April and October 2029. As the market matures, the timing may shift—this is just for reference. According to historical halving cycles, after peaking at around $126K in October 2025, the bear market bottomed out at approximately $57K around July 2026. We are currently in the early recovery/accumulation phase, with about 1.5 years left until the next halving in 2028. The main upward trend may unfold after that. As the market matures, volatility decreases—this is just for reference. Based on historical cycles, the current early accumulation phase is a good time to focus on dollar-cost averaging and building positions. Add during pullbacks, control position sizes, and avoid leverage. Hold long-term until the main upward trend after the 2028 halving, and take profits in batches. Volatility has decreased, so patience is key—strictly manage risks. Just for reference, not investment advice.