Top Crypto Analyst Offers Three Huge Bitcoin (BTC) Price Targets in 2030

Host InvestAnswers sees three possible levels for Bitcoin (BTC) price in 2030, as the top crypto assets by market capitalization struggle to reclaim the $30,000 mark.

In a new video update, the analyst told his 439,000 YouTube subscribers that his “bear state” for Bitcoin in 2030 is $576,000, or about 1,886% of current prices.

“Pretty much where we are today. It’s basically 20 times, or a few dollars, which is a lot of return, but it’s still a moving target. Things change all the time. Adoption changes, network changes, competition changes. Keep that in mind. .

The cryptocurrency analyst also examines the market capitalization of gold and assumes that Bitcoin could eventually reach 40%, 60% or 100% of the market capitalization of the precious metal, which equates to $514,815, or $785,955, or 1, $30 million, respectively, by 2030. .

“Digital gold/store valuation valuation listing is very, very important. Many people, all top experts, consider this to be a basic method of market valuation…

Bitcoin adoption is faster than the internet and mobile phones at the moment. So, due to Metcalfe’s law, this is completely believable. »

Source: InvestAnswers / YouTube

The analyst also sets a third price target for bitcoin to derive by creating an average of a set of popular patterns from Fidelity, ARK Invest, and others.

Combining some of the well-known patterns in the space, the host of the popular YouTube channel comes with a Bitcoin price target of $1.55 million in 2030.

screenshot 2022 05 29 at 2.12.41 am
Source: InvestAnswers / YouTube

Combining the three price targets mentioned above, the host finds an “expected” average target of $785,955 for Bitcoin, where $576,389 is the lower end of the range and $1.55 million is the most optimistic prediction for BTC.

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