“Bitcoin’s Next Big Boom Depends on One Key Factor: Widespread National Use, Says Expert”

Jeff Park, the chief investment officer at ProCap, recently shared his thoughts on what could cause Bitcoin to skyrocket into the next “supercycle”: a major government purchasing Bitcoin.

According to Park, this purchase needs to be the real deal—no rumors or marketing tricks. He believes that such a move could send Bitcoin soaring to around $150,000, which is a whopping 76% increase from its current price of $84,500.

Sovereign Adoption Could Spark Bitcoin Boom

Park emphasized that only a genuine purchase by a developed nation could trigger a significant price surge.

“It has to be the real thing,” he stressed, noting that past hype and false signals from governments haven’t had the same impact.

Once a nation officially announces they’re adding Bitcoin to their balance sheet, analysts and traders would likely jump into action.

Quantum Uncertainty Making Investors Anxious

Some investors are also keeping a watchful eye on the risks of quantum computing. They speculate that nation-state adoption might happen quicker than we think, moving from a gradual shift to a sudden change.

Experts recommend moving coins to SegWit-compatible addresses for now as a temporary safety step until a quantum-safe protocol is in place.

Park mentioned that if clarity on quantum risks improves, it might ease the selling pressure felt by long-term holders.

Whales Cashing Out Adds to Price Pressure

Recent Bitcoin activity shows that large holders are cashing in their profits. Glassnode reported that long-term holders have been realizing gains consistently, following historical trends.

Yet, prices have plummeted sharply from last month’s peak of over $126,000 down to just above $84,000, erasing all gains made in 2025.

Standard Chartered warns that if Bitcoin drops below $90,000, it could put about half of crypto treasury firms in jeopardy.

Citi analyst Alex Saunders pointed out that $80,000 is crucial, as it matches the average cost basis for Bitcoin ETF holders.

Is More Pain Ahead?

Analysts are cautioning that losses could deepen. Bloomberg Intelligence strategist Mike McGlone hinted that Bitcoin could mimic the crash of 2018, with possible dips to $50,000, or even $10,000 in a worst-case scenario.

Financial analyst Clem Chambers presented a possible range from $40,000 to $60,000 if things in the market turn sour.

Park remarked that halting the selling pressure—thanks to what he refers to as a “black swan” event—could allow buying activity to have a more substantial effect on prices.

Reports suggest that any confirmed government purchase or a clear statement on quantum safety could shift investor mood significantly.

For now, the market is sending mixed signals: there’s a single potential catalyst for a sharp rise, but near-term pressures and uncertainty are still looming large.

Featured image from Unsplash, chart from TradingView

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