Bitcoin will cost 360 thousand dollars and “easily” bypass the gold. Say graphics

For many Bitcoin is already the de facto digital equivalent of gold. According to cryptobia Mike Novogratz, one day Bitcoin market capitalization exceeds the market capitalization of gold. After such statements, the cryptanalysts began to study graphics in the hope to see the trend according to which the capitalization of the BTC will reach 7.5 trillion dollars. One of them still managed to outline the potential of such a scenario.

Mike Novogratz: Bitcoin is “easy” to bypass gold

This week the founder and CEO of Galaxy Digital Mike Novogratz took ushastik in the podcast, Anthony Pompliano Off The Chain. In his opinion, the capitalization of BTC will overcome the specified level for the next 20 years.

To do this, Bitcoin will have to grow 100 times from the current price of 3950 dollars. However, investors should understand that this will not happen in the next year or two. This is a very long term goal.

Bitcoin price creates the trend in the market capitalization of 7.5 trillion

Immediately after the podcast cryptomnesia Twitter began to actively discuss how krupneyshaya cryptocurrency will be able to reach a cap. Known to the cryptanalyst and an expert on long-term price charts of Bitcoin Dave the Wave even posted a 50-year schedule of capitalization of BTC.

Source: Twitter

As seen in the image, its peak Bitcoin will achieve in 2045, and then will enter a stage of stabilization. By the time he’s already likely to be the actual storage value, as volatility will almost disappear. And at that time [2045] the price of BTC will reach 360 thousand dollars.

Separately, the capitalization of 7.5 trillion seems unrealistic. However, you need to understand that this is an incomplete 2.5 percent of global wealth, which even now amounts to 317 trillion dollars. More data look at cryptodata.

Subscribe to our channel in the Telegram. Here soon!

Leave a Reply

Your email address will not be published. Required fields are marked *