I’ve recently been thinking that the scenario where Bitcoin reaches $300k might actually have a high chance of happening by 2028. Looking at on-chain data over the past few months, the decrease in circulating supply is really accelerating. The amount of BTC stored on exchanges is decreasing year by year, and the trend of individual investors moving BTC to their wallets and then selling is weakening. In other words, the amount of Bitcoin available on the market is steadily decreasing.

On the other hand, what about buying demand? Institutional investors entering the market, inflows into ETFs, news of corporate acquisitions. These factors are continuously increasing buying pressure. The classic market mechanism of decreasing supply and increasing demand is especially clear in the case of Bitcoin.

That’s why the scenario of BTC hitting $300k by 2028 is becoming more plausible. In fact, even without particularly positive news, this mechanism alone might be enough to keep the price rising. Of course, there will be correction phases. But in the long term, I believe the direction of BTC reaching $300k remains unchanged.

What’s interesting is how fast this rise could happen from here. Once momentum starts to build, the likelihood of a FOMO-driven rally increases significantly. The price movements at that time could become quite intense.

Personally, I see no reason to sell my current positions. Looking at the scenario until 2028, holding onto BTC seems like the simplest strategy. It might even be possible that we’ll see prices reach the $1 million level, and we’re at a stage where we can’t completely rule that out.