Bitcoin Opportunity Fund Co-Founder: Bitcoin Expected to Hit New All-Time High in 2027

TechFlow, November 10 — Cointelegraph reported that Bitcoin Opportunity Fund Co-Founder Mark Moss believes banks and ETFs have made it easier for investors to buy Bitcoin, and financial advisors may also encourage previously hesitant clients to allocate to Bitcoin. He expects Bitcoin to hit a new all-time high in 2027.

Moss said that, based on data since 2014, Bitcoin has risen by an average of about 53% in the 12 months following previous U.S. midterm elections, but the sample includes only three full election cycles. He is bullish on Strategy's long-term performance but said he would continue to hold his own Bitcoin, investing only a small portion of his portfolio in Bitcoin treasury company shares.

He also believes that if Bitcoin remains secure and decentralized and attracts a large number of investors gradually allocating to it, its price could reach $1 million in 2030, or it may not happen until 2032.

Source: TechFlow