4 Reasons to Buy Bitcoin Before 2028

Bitcoin ( CRYPTO: BTC) has increased by nearly 240% over the past three years, even as rising interest rates and the collapse of several major tokens and exchanges have cooled the crypto market. Bitcoin has survived that sell-off, wiping out many altcoins and smaller meme coins, and it has emerged as the safest "blue chip" cryptocurrency to invest in. In 2024, the first spot price ETFs for Bitcoin were approved and the latest "halving" has reduced mining rewards. President Trump's victory in November also caused many investors to return to Bitcoin, as his administration implemented more crypto-friendly policies compared to the Biden administration. President Trump has also ordered the establishment of a strategic Bitcoin Reserve Fund and the U.S. digital asset reserve this March, while the decrease in interest rates has created additional momentum for the crypto market in general. When Bitcoin fluctuates above $100,000 and trades just below a few dollars from its all-time high, investors may wonder if it is time to take profits. However, some institutions and large investors expect its price to rise even higher in the next three years. Standard Chartered stated that the price of this stock could soar to $500,000 by 2028 as volatility decreases and the company's ETFs attract more investors, while Arthur Hayes of Maelstrom expects the stock price to surge to $1 million as the US dollar depreciates, driving investors towards more alternative assets. We should not place too much faith in those optimistic estimates, but personally, I think that buying Bitcoin before 2028 is a wise decision for four simple reasons.

1. Next Bitcoin Halving Bitcoin has undergone four halves in 2012, 2016, 2020, and 2024. Each time that reward is cut in half, it becomes more and more difficult to mine Bitcoin for profit. Back in 2012, traditional desktop GPUs could still be used to mine Bitcoin. But today, miners need to use powerful application-specific integrated circuits (ASIC) GPUs. Before the first halving, Bitcoin had a block reward of 50 tokens for each block created. But after four halvings, that "block reward" has decreased to only 3.125 Bitcoin. The mining difficulty of Bitcoin is increasingly rising, which will tighten the supply and slow down the production process as it approaches the maximum supply of 21 million Bitcoins. Approximately 19.7 million of those coins have been mined, and the last coin is expected to be mined in 2140. Bitcoin is trading at $63,800 just before the latest halving on April 19, 2024. The price has increased nearly 70% since then, so it would be wise to buy Bitcoin before the next four-year halving - expected to occur in March or April 2028 and reduce the block reward to just 1.5625 Bitcoin.
2. Interest Rate Decrease The price of Bitcoin decreased in 2022 and 2023 as rising interest rates caused investors to shy away from cryptocurrencies and other speculative activities. However, in 2024, its price stabilized and began to rise again as the Federal Reserve cut the benchmark interest rate three times. The Fed did not cut interest rates any further in 2025, but is still expected to implement at least two rate cuts this year. When interest rates decrease, the price of Bitcoin will rise as more investors return to the crypto market. Lower interest rates will also weaken the US dollar -- and this trend could lead many investors to hoard Bitcoin, gold, and other "safe-haven" assets.
3. Its Increasing Adoption As A National Currency So far, only two countries, El Salvador and the Central African Republic, have adopted Bitcoin as their national currency. However, other countries are facing severe inflation, currency devaluation issues, sanctions, and debt problems that could follow them. If that happens, Bitcoin could gain more momentum as a global alternative to fiat currencies.
4. Strengthen Organizational Ownership Most institutional investors who are exposed to Bitcoin only allocate a low single-digit percentage of their investment portfolios to cryptocurrency. But that could change in the coming years as traditional investment firms like Fidelity, Schwab, and BlackRock add more support for Bitcoin across retail brokerage firms and retirement accounts. Assuming that institutional investors start allocating more than 5% of their portfolios to Bitcoin, its price could skyrocket and cause a "fear of missing out" buying frenzy ( other ) FOMO. If that happens, the market's leading Bitcoin ETFs will attract more institutional investors who don't want to face the risk of holding cryptocurrencies directly in digital wallets. Other countries -- including the United Kingdom, Australia, and major Asian markets -- may also approve their own spot price ETFs for Bitcoin. Should You Buy Bitcoin Right Now? Bitcoin will continue to be volatile in the near future and I'm not sure it can reach $500,000 or $1 million by 2028. But it will attract much more attention before the next halving and there is still plenty of room for institutional investors to accumulate more Bitcoin. So, if you can withstand its strong fluctuations, this is still a great time to buy more Bitcoin.