Prediction: Bitcoin Will Be Worth $5 Trillion by 2030
If Bitcoin grows at an annual rate of 25%, it could hit a price of $250,000 by the end of 2030.
Overview
The Bitcoin (CRYPTO: BTC) bear market finally appears to be over. Bitcoin is now up more than 40% from its summer lows, and could be headed to a price of $100,000 by the end of the year. Once it breaks through this psychologically important price barrier, the sky's the limit.
In fact, I'm predicting that Bitcoin will be worth $5 trillion by the end of 2030. Here's why.
Details
A market cap of $5 trillion might sound like pie-in-the-sky thinking until you start to do the math. For the sake of argument, let's assume that Bitcoin hits a price of $100,000 by the end of the year.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.