Bitcoin’s journey has always been marked by extreme volatility and impressive recoveries. After a stellar 2024, where its price more than doubled, Bitcoin ended the year trading at approximately $92,000—still 15% below its all-time high. The question on many investors' minds is whether this lull presents an opportunity to buy the cryptocurrency before it potentially crosses the $100,000 threshold.

Bitcoin's cyclical nature is well-documented. Over its 16-year existence, the cryptocurrency has experienced sharp price declines, often losing more than 50% of its value in some instances. Despite media declarations of its demise during these downturns, Bitcoin has consistently rebounded, achieving higher highs. This resilience has led long-term investors to embrace its volatility as part of the journey toward long-term growth.

One of Bitcoin’s key strengths lies in its digital scarcity. Unlike gold, whose supply can increase with price surges or even futuristic mining possibilities in space, Bitcoin has a fixed cap of 21 million coins, over 19.8 million of which have already been mined. This finite supply, combined with the rising demand in an increasingly digital world, underscores its potential as a store of value.

Bitcoin’s advantages over gold extend beyond scarcity. It is more easily transported, highly divisible, and better suited for transactions in a digital economy. These factors make it an attractive alternative to traditional stores of value, particularly for those who view it as a modern form of wealth preservation.

Estimating Bitcoin's future value is challenging, as it does not generate revenue or cash flow. However, a comparison to gold provides an intriguing perspective. With a current market value of around $17.7 trillion for all above-ground gold, Bitcoin’s superior attributes suggest it could one day match or exceed this valuation. This scenario would place Bitcoin’s price at roughly $900,000 per coin—a substantial increase from its current levels.

For investors who believe in Bitcoin’s long-term potential, the current price presents a compelling entry point. As history has shown, those who weather its volatile fluctuations often reap significant rewards. With a growing role in the digital economy and an ever-increasing recognition as a store of value, Bitcoin remains a key asset to watch.

If you've ever felt like you missed out on the most lucrative investment opportunities, this might be your chance to act. Just as early investments in companies like Nvidia, Apple, and Netflix delivered astronomical returns, Bitcoin could represent the next chapter in the story of transformative wealth creation.