Preston Pysh
Resolved (16)
- ✗
Bitcoin is at $129k at the end of 2025 / start of the new year.
“Alright, I’m going to, price is right you, I’m going to say 129K, at the end of this year.”
BTC's high was only $116,410 through the 2025-12-31 horizon; never reached $129,000.
- ✓
Bitcoin is not going to fall 90% from here.
“And if it goes down 90%, which I don't think Bitcoin is going to go down 90%, then he would have to pause.”
From $112,480, a 90% drop would mean ~$11,248; low_since_made was only $58,000 (~48% down) — BTC did not fall 90%, claim held.
- ✗
Bitcoin reaches roughly $160k-$170k by around Christmas 2025.
“I was using a base Bitcoin price of about 160, 170 for like a planning factor of like where I thought the underlying was going to go when I priced them. So do I think it can go more than that? I do think it can go more than that, but I, I guess I felt pretty confident that we could get to those price levels by, call it Christmas of this year.”
BTC's high was only $126,296 through the 2025-12-25 horizon; never reached $160,000.
- ✓
Bitcoin will resume outperforming gold ('stomp it') within two to three months, despite gold's new all-time high.
“gold’s like making a new all time high and everybody’s, your gold bugs are posting their charts that are two weeks old, showing how great the performance is relative to Bitcoin only for two or three months later, it’s just going to stomp the living hell out of it yet again.”
Over the following ~3 months BTC rose from $86,878 to $107,173 (+23%, touching $112k), outpacing gold's ~+11%.
- ✓
Bitcoin will perform strongly through the end of 2025 ('by the end of 2025 it's going to be Gang Busters'). Pysh declined to put a specific fiat price on it.
“I think by the end of 2025 it's going to be Gang Busters man I don't know what price it is in Fiat terms”
By end-2025 BTC went 'gang busters': from $60,862 it rallied to a high of $126,296 by the deadline — strong performance as claimed.
- ✗
Preston expects Bitcoin to do a 5x to 7x run over the coming 12 to 18 months in the current bull market.
“Let's say we have a 5X or a 7X run. So that's more like 25 to maybe 50 million in buying power in just 12 to 18 months from now, assuming this bull market does what many of us expect it to do in the coming 12 to 18 months.”
5x-7x from $64,256 implies ~$321k-$450k by the Oct-2025 deadline; high_by_deadline was only $126,296 (~2x) — fell well short of the predicted run.
- ✗
Preston Pysh believes Bitcoin could reach between $300,000 and $500,000 by December 2025 in the current cycle.
“I think that in this coming cycle, I think it's totally in the realm of possible to go between $300,000 to $500,000 on the price of Bitcoin within by the call date of December of 2025.”
$300k-$500k by Dec 2025: window elapsed with high_by_deadline only $126,296 — BTC never reached the band, claim failed.
- ✓
Extremely bullish on Bitcoin for 2024 and 2025 ('how bullish I am for 2024 and 2025! Bitcoin is going to melt brains').
“It’s a little incomprehensible how bullish I am for 2024 and 2025! #Bitcoin is going to melt brains.”
Bullish for 2024-2025: from $37,746 BTC reached $126,296 by end-2025 (~3.3x), a melt-up that matched the extreme-bullish call.
- ✓
Bitcoin will thrive and yield substantial gains relative to any other asset class as 2023 draws to a close.
“I expect bitcoin to thrive and yield substantial gains relative to any other asset class as the year draws to a close.”
By end-2023 BTC rose from $30,407 to high_by_deadline $45,000 (~+48%), substantial gains as the year drew to a close — thrived as predicted.
- ✓
Called the 2022 cycle bottom while deploying his retained cash into BTC: scaled in 15%->30% of 2022 cash savings (late Sep), then on Oct 17 2022 (BTC ~$19k): 'The bottom could be in... My cash is ready.'
“The bottom could be in. I've never sold a sat. The cash I currently hold is just from what I've been saving in 2022. If I miss the bottom playing around with timing, it's not a big deal relative to my position size (so far my decision to retain cash in 2022 has been good).”
Oct 2022 'bottom could be in' at $19,550: low_since_made $15,460 (a modest deeper wick) but BTC subsequently ran to $126,296 — the cycle bottom call was essentially right.
- ✗
Preston Pysh expects to be accumulating Bitcoin again within 3–6 months (by ~Q4 2022), once central banks pivot away from tightening.
“if you talk to me in three months from now or six months from now and i wasn't stacking fiat and i was stacking bitcoin again that shouldn't surprise you”
The predicated central-bank pivot did not occur by Dec 2022 (Fed hiked 75bp Nov and 50bp Dec 2022) as BTC bottomed near $15.5k.
- ✗
Bitcoin's downside this cycle is more limited than Jeff's $20k call — skeptical it drops that far, with roughly $27-28k as the plausible low.
“I’m a little hesitant to think that it’s going to drop that much… that would be my case for maybe not going clear down to 20. Now, 27, 28K, I think that could potentially happen.”
BTC fell to $15,460 in [2022-03-23..2024-03-23], below the $20,000 floor.
- ✗
Bitcoin reaches roughly $500k per coin (Pysh references '500k per BTC' as the level at which skeptics/no-coiners capitulate).
“@_globalbust @CNBC No, probably not. I think after 500k per BTC, they start soiling themselves.”
BTC's high was only $126,296 through the 2025-10-22 horizon; never reached $500,000.
- ✓
Preston Pysh anticipates Bitcoin will move up in a fairly unprecedented way between now and approximately April 2021.
“I think as we look to the price move that I'm kind of anticipating from now into like April, which I think it's going to be fairly unprecedented how much Bitcoin is going to move in such a short amount of time.”
Rallied from $46,515 to $64,899 by the April-2021 deadline (~40% in under three months), the unprecedented short-term up move he anticipated.
- ✓
Expects Bitcoin to trade higher into mid-2021, saying all three panelists have pretty high expectations of Bitcoin going higher.
“And I suspect that it’s going to be a much bigger talking point maybe mid-year of 2021 as the price, our expectations I think all three of us have pretty high expectations of bitcoin going higher.”
From $37,394 (Jan 13 2021) BTC rose materially to $64,899 by Apr 14 2021, within the mid-2021 horizon.
- ✗
Expects Bitcoin's price to go through $100,000 later in 2021 ('if this keeps going in the direction I suspect it's going').
“it’s like what in the world do I say on this show after the price goes through 100,000 when people are saying, “Do I buy?” How in the world can you possibly answer that question? I know it’s going to be a huge, huge issue for me later in the year if this keeps going in the direction I suspect it’s going.”
BTC's high was only $69,000 through the 2021-12-31 horizon; never reached $100,000.
Open (4)
- ⏳
Preston Pysh argues that Bitcoin will reach a $20 trillion market cap, driven not by bond rotation but by new credit/repo expansion as companies issue bonds to buy Bitcoin.
“my whole thesis here is that Bitcoin getting to 20 trillion is not going to happen because there's several trillion of bonds being sold, and then buying Bitcoin...It's going to be people basically just call it a new company”
Not reached yet (high $126,296 since 2025-02-19); 2029-02-19 horizon not passed as of 2026-07-06.
- ⏳
Bitcoin's long-run terminal value, once it 'takes over', is on the order of 5 to 10 million dollars per coin in today's purchasing-power terms (with a wide range: 'could be 20, could be one').
“when it takes over the way we understand five to 10 million today is basically one Bitcoin in in my humble opinion we're somewhere in that ballpark okay it could be 20 it could be one”
Not reached yet (high $126,296 since 2024-08-09); 2029-08-09 horizon not passed as of 2026-07-06.
- ⏳
Once Bitcoin reaches approximately $500,000, holders who have been skeptical will need roughly a 10% portfolio position to protect their net worth from Bitcoin's appreciation.
“What's going to be really hard for people, especially people that are naysayers and think that this is just all like hocus pocus money, is once the price gets to about $500,000, now you need about a 10% position size to protect yourself from Bitcoin taking over, right? So that person that's been very hesitant in saying, this is such a Ponzi, now they're having to not take a 1% position. They're going to have to take a 10%.”
Not reached yet (high $126,296 since 2024-02-01); 2028-02-01 horizon not passed as of 2026-07-06.
- ⏳
Bitcoin will exceed $1 million per coin when the fixed income market fully prices in persistent 5%+ inflation and reallocates capital accordingly.
“Price appreciation on Bitcoin is not coming from an ETF. The price appreciation that's going to make Bitcoin scream over a million dollars a coin is going to be when the fixed income market comes to the realization that the 5% inflation is not going away.”
Not reached yet (high $126,296 since 2021-10-08); 2027-10-08 horizon not passed as of 2026-07-06.