{"id":18229,"date":"2025-11-22T03:50:38","date_gmt":"2025-11-22T02:50:38","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=18229"},"modified":"2025-11-22T03:50:38","modified_gmt":"2025-11-22T02:50:38","slug":"analyst-says-widespread-bitcoin-adoption-could-spark-big-gains","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/11\/22\/analyst-says-widespread-bitcoin-adoption-could-spark-big-gains\/","title":{"rendered":"“Analyst Says Widespread Bitcoin Adoption Could Spark Big Gains!”"},"content":{"rendered":"

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While many in the crypto world are buzzing about what could spark a big Bitcoin daily surge, ProCap’s Chief Investment Officer, Jeff Park, believes he has pinpointed the game-changer.<\/p>\n

\u201cA surprising boost for Bitcoin could come from sovereign adoption,\u201d Park shared in a podcast interview posted<\/a> on YouTube this Thursday.<\/p>\n

\u201cImagine if a major developed country suddenly announced it would buy Bitcoin for its balance sheet and actually followed through,\u201d Park explained.<\/p>\n

Jeff Park emphasizes, \u201cIt has to be the real deal\u201d<\/h2>\n

According to Park, such an announcement could propel Bitcoin (BTC<\/a>) to around $150,000 almost overnight\u2014a whopping 76% rise from its current price of $85,089, based on information<\/a> from CoinMarketCap.<\/p>\n

However, he insists that the announcement must be genuine\u2014no marketing gimmicks, rumors, or misinterpretations from government officials.<\/p>\n

\u201cIt has to be the real deal,\u201d he reiterated. \u201cWe can\u2019t fall for another fake news cycle like we did last year.\u201d<\/p>\n

ProCap\u2019s Jeff Park chatted with Anthony Pompliano on The Pomp Podcast. Source: <\/em>Anthony Pompliano<\/em><\/a><\/figcaption><\/figure>\n

Samson Mow, the founder of Jan3, recently stated that nation-state adoption might arrive sooner than we think. \u201cWe’re on the tail end of the gradual phase and entering the sudden phase,\u201d Mow mentioned.<\/p>\n

Park also noted that some \u201cclarity on resolution\u201d regarding quantum computing could be beneficial for Bitcoin’s price movements in the short term.<\/p>\n

Quantum\u2014The \u201cweird boogeyman\u201d for Bitcoin enthusiasts<\/h2>\n

\u201cI know quantum is this weird boogeyman that people keep fretting over,\u201d he acknowledged, suggesting that this uncertainty may be why some long-term Bitcoin holders have been cashing out lately.<\/p>\n

\u201cIf the whales are selling, they probably have reasons that seem just as likely as those that motivated them to buy back in 2012 and 2011,\u201d he added.<\/p>\n

\"Cryptocurrencies,
Bitcoin has dropped 21.13% over the past month. Source: <\/em>CoinMarketCap<\/em><\/a><\/figcaption><\/figure>\n

\u201cYou have to consider tail events as triggers for changes in their behavior,\u201d he mentioned.<\/p>\n

However, analytics firm Glassnode has said the recent selling spree among Bitcoin whales isn’t something unusual. <\/p>\n

Quantum clarity may ease selling pressure, says Park<\/h2>\n

\u201cLong-term holders have been taking profits throughout this cycle, just like they have in every previous one,\u201d Glassnode noted on November 14.<\/p>\n

Park commented that having some clarity could be \u201cthe kind of thing that alleviates the selling pressure.\u201d<\/p>\n

Related: <\/strong><\/em>Bitcoin enthusiasts react after Scott Bessent walks into a Bitcoin bar<\/strong><\/em><\/a><\/p>\n

\u201cIf we can ease the selling pressure, that means the buying pressure could actually bring in more capital for price momentum,\u201d he explained.<\/p>\n

Concerns about quantum computing and Bitcoin have been growing lately.<\/p>\n

Gianluca Di Bella, a smart-contract researcher specializing<\/a> in zero-knowledge proofs, warned that the threat posed by quantum computing isn’t a far-off concern; it\u2019s happening now.<\/p>\n

Meanwhile, Bitcoin veteran Willy Woo suggested<\/a> one \u201cinterim measure\u201d\u2014moving your Bitcoin to a SegWit-compatible<\/a> address and holding it there until a quantum-safe protocol is ready.<\/p>\n

Magazine: <\/strong><\/em>Bitcoin whale Metaplanet \u2018underwater\u2019 but eyeing more BTC: Asia Express<\/strong><\/em><\/a><\/p>\n