Ka The Daily Hodl - 1 selemo se fetileng - Nako ea ho Bala: Metsotso e 2
Top Crypto Analyst Gives Three Massive Price Targets for Bitcoin (BTC) in Year 2030
The host of InvestAnswers is envisioning three possible price points for Bitcoin (BTC) in the year 2030 as the top crypto asset by market cap struggles to reclaim the $30,000 mark.
E ncha ntlafatso ea video, the analyst tells his 439,000 YouTube subscribers that his “bear case” for Bitcoin in 2030 is $576,000, which is about 1,886% from current prices.
“So not bad from where we are today. That’s basically a 20x give or take, a couple of dollars, which is a huge return, but still, it is a moving target. Things change all the time. Adoption changes, networks changes, competition changes. Bear that in mind.”
The crypto analyst also looks at the market cap of gold and posits that Bitcoin could eventually grow to be 40%, 60% or 100% of the precious metal’s market cap, which would equate to $514,815, $785,955 or $1.30 million, respectively, by 2030.
“The digital gold/store of value valuation narrative is very, very important. A lot of people, all the top experts in the place, do look at this as a core market valuation method…
Ho amoheloa ha Bitcoin is faster than that of the internet, and that of mobile phones right now. Therefore, due to Metcalfe’s Law, this is completely believable.”
Mohloli: InvestAnswers/YouTubeThe analyst also lays out a third price target for Bitcoin which he derives by creating an average of a collection of popular models from Fidelity, ARK Invest and others.
By combining some of the well-known models in the space, the host of the popular YouTube channel comes up with a Bitcoin price target of $1.55 million in the year 2030.
Mohloli: InvestAnswers/YouTubeBy combining all three aforementioned price targets, the host finds an average “expected” target of $785,955 for Bitcoin, with $576,389 being the low end of the range and $1.55 million being the most optimistic forecast for BTC.
I
Sheba theko ActionU se ke Ua Lahleheloa ke Beat - Subscribe ho fumana litlhokomeliso tsa imeile tsa crypto tse tlisoang ka kotloloho ho inbox ea hau
Latela re ka Twitter, Facebook 'me thelekramo
lefilo Motsoako oa Daily Hodl
Lekola lihlooho tsa litaba tsa moraorao
Boitlhotlhollo: Maikutlo a hlahisitsoeng ho The Daily Hodl ha se likeletso tsa ho tsetela. Batseteli ba lokela ho ikitlaetsa pele ba etsa matsete a nang le kotsi e kholo ho Bitcoin, cryptocurrency kapa thepa ea dijithale. Ka kopo o eletsoe hore liphetisetso le mesebetsi ea hau li kotsing ea hao, 'me ho lahleheloa ke eng kapa eng eo u ka bang le eona ke boikarabello ba hau. Daily Hodl ha e khothaletse ho rekoa kapa ho rekisoa ha li-cryptocurrensets kapa thepa ea dijithale, ebile The Daily Hodl ha se moeletsi oa matsete. Ka kopo hlokomela hore The Daily Hodl e nka karolo papatsong e kopanetsoeng.
Featured Image: Shutterstock/breakermaximus/Nikelser Kate
Potso Top Crypto Analyst Gives Three Massive Price Targets for Bitcoin (BTC) in Year 2030 e hlahile pele ho Daily Hodl.
Mohloli oa pele: Daily Hodl