Trample the crypto bulls-is the golden age? (Photo: Freepik)
The crypto bulls trample, do Bitcoin towards the all-time high: more than $ 25,000 (!) Is increased by cryptocurrency within the past 4 weeks, so that now more valuable than e-commerce giant Amazon. A new Bitcoin forecast will see the course upgraded by an average of $ 2.45 million a year over the next 20 years. Is it finally there, the promised “golden age” for cryptocurrencies?
Record win: Bitcoin passes past Amazon
The outbreak has been done: after the months of the up and down, Bitcoin (BTC) has now again established above the $ 100,000 mark. The number 1 cryptocurrency was massive in the last 7 days from $ 93,606 to up to $ 104,490 – an increase of $ 11.63 percent. The momentum becomes clearer when looking at the monthly chart: BTC has been able to grow a whopping $ 25,000 since the beginning of April. The low of $ 77,740 at that time is already a long way off – due to the rally, BTC is now even more valuable than Amazon.
“Bitcoin $ 100,000 … you know what’s next,” comments the pseudonyms Crypto guru “Planb” in a forecast – and thus promises further profits. The Dutch is one of the most popular Bitcoin experts: More than 2.1 million people follow him on X, numerous analysts use his “stock-to-flow” model (S2F) for course forecasts. Bitcoin currently sees this for prices between 200,000 and $ 300,000. The course will correct in advance- but a continuation of the upward movement is likely.
Because: Now no longer just invest the small investors, as blockchain scientists repeatedly emphasize. “The Bitcoin market has become significantly more diverse. ETFs, Microstrategy (MSTR), institutional investors and even government agencies are considering buying and selling Bitcoin,” confirms Ki Young Ju, CEO of the market research company Cryptoquant, in a forecast. The exploding demand from large investors can now weigh up “strong whale sales” – one should therefore concentrate on the “new liquidity of institutions and stock exchange -traded funds”.
Bitcoin: Forecast looks at $ 49 million per BTC
Either way, the following applies: supply and demand are becoming more and more difficult. For example, Bitcoin funds based in the USA have last week A whopping 18,644 BTC acquired, While only 3,150 BTC were produced by miners in the same period. Or, formulated differently: the demand exceeds the supply many times over. This development offers plenty of reason for joy. More and more Bitcoin forecasts are expanding their time horizon and seeing exploding courses in the next few years.
In this regard, one of the wildest Bitcoin forecasts comes from US entrepreneurs and strategy founders Michael Saylor. The man suffers from acute Bitcoin fever: since 2020 he and his company BTC-Strategy are currently holding 555,450 BTC, Saylor itself at least 17,732 BTC. And one end is not yet in sight: “I will buy Bitcoin forever,” said the 60-year-old. His forecast: $ 13 million per Bitcoin by 2045 – he sees that as secured. But it is even more wrong: According to this, Bitcoin will increase to an incredible $ 49 million in the next 20 years. This corresponds to an average return of $ 2.49 million a year and is likely to be the most confident forecast.
Mind you: Saylor is not alone with its multi-millions bitcoin forecast. Brian Armstrong also sees the BTC course on record prices. In a new forecast Comment the head of the leading US crypto exchange Coinbase: “Over time, we will see that Bitcoin comes into the range of several million.” The asset is “accepted by more and more institutional customers”, and the ETFs would also bring “enormous inflow”. The Bitcoin reserve planned in the USA is also a brilliant spa driver. Do investors see seven-digit Bitcoin prices earlier than expected?
Disclaimer:
The author and/or connected persons or companies have cryptocoins, including bitcoins. This article represents an expression of opinion and no investment advice.