Projected Value Of Bitcoin After 10 Years

This decade in the bitcoin price looks promising, according to expert analysts. This coin started the decade with top success hitting over $64k just at the start of 2021. Before the recent bitcoin market bull run, some expert investors had predicted that the price of bitcoin would hit $100k by 2020. 

However, after the long bull run, Bitcoin dropped vastly in price. The recent bull run and drop are a clear show that Bitcoin is highly volatile. Even with the recent drop, expert investors still feel like this currency has a huge prospect and will continue to be lucrative in the long run. What is in store for the Bitcoin future? 

Different Analyses and Predictions

Tesla Investor’s Prediction

Tesla analyst predicted that Bitcoin’s network could be worth between $1 trillion and $5 trillion in the next ten years when talking about Bitcoin. The analyst’s prediction came true early this year when Bitcoin surpassed the $1 trillion mark and even surpassed the $1.5 trillion mark. Therefore, the forecast by the Tesla investor came earlier than expected. 

BEX-500 Prediction 

Others have used other systems like the Stock to flow models and have made other possible predictions about the price of Bitcoin. For instance, using Stock to flow, BEX500 predicted that by the year 2026, Bitcoin could be priced somewhere above $1 million.

Matt Frankel and Jason Moser Prediction

In a forum held on youtube by Matt Frankel and Jason Moser, the two predicted that if bitcoin gains use cases and mass adoption, it could hit the price of $1 million. This interview aimed to discuss the possible future of the crypto world, which was the do’s assertion. 

Frankel said that the price could be as high as $500k or as low as $1k. However, he asserted that for the coin’s price to hit the value, there must be a consistent rise like what was seen in BTC. If not, the price will tank.

Prime XBT Prediction

View single page >> |

Disclaimer: The Content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.