BlackRock CEO Larry Fink has once again reiterated his bullishness on Bitcoin (BTC). While speaking to CNBC, Fink stated that he is very bullish on the markets over the next 12 months and that Bitcoin (BTC) could hit $700,000 if people catch on. Let’s discuss when it could happen.

When Can Bitcoin Hit $700,000, As Predicted By The BlackRock CEO?

Bitcoin (BTC) follows a four year pattern. The asset has climbed to new all-time highs in 2017, 2021, and 2025. Experts like Anthony Scaramucci believe BTC is still following its four-year trajectory. If we are still following the historical pattern, Bitcoin (BTC) could hit a peak sometime in 2029. However, the bull run leading to a new all-time high could start sometime in 2027.

Many industry experts have prediction Bitcoin (BTC) to breach the $1 million mark by the end of this decade. Some of the personalities that have projected a $1 million price for BTC include Binance founder Changpeng Zhao (CZ), Strategy founder Micheal Saylor, and Ark Invest founder Cathie Wood. BlackRock CEO Larry Fink is, however, still conservative compared to CZ, Saylor, Wood, and others.

What Is Needed For The Next Bull Run?

Bitcoin (BTC) has some historic developments before the last bull run. One of the most significant developments was the launch of several spot ETFs. Even BlackRock launched its own Bitcoin (BTC) ETF, IBIT. One major reason behind BTC’s incredible rally in 2026 was increased ETF inflows. A similar pattern needs to happen again for another bull run.

Another factor that helped Bitcoin (BTC) hit a new all-time high was large corporate purchases. Corporate interest in BTC could also signal the coming of the next bull run.

Also Read: Bitcoin Rejected At $64k: Here’s What Could Push It To $70k?

Thirdly, we need more favorable conditions for high-risk assets to rally. The Federal Reserve may need to lower rates for retail investors to feel comfortable putting their money in Bitcoin (BTC).