Remember — Most people don't own crypto. To be mainstream, countless more must invest for the first time. Every pull back is a gift: an opportunity for investors to get exposure at a lower price. Bitwise Research predicts $200k BTC end of year. https://t.co/GWLyfx98Ro
It's odd to me that crypto natives will go on about how fiat is trash but then call for 'cycle top' on the market every other day. This is sidelined behavior and people need to understand that there are no real bears. Every bear is simply a bull at their preferred entry price.
🔥 BULLISH: Bitwise released its latest Bitcoin price targets for 2035. Bear case - $88,005 Base case - $1,306,740 Bull case - $2,976,927 https://t.co/k9y9f45xCJ
Brian Armstrong, CEO of Coinbase, has forecasted that Bitcoin could reach a price of $1 million by 2030. He made this prediction during a recent podcast appearance, highlighting a bullish outlook for the cryptocurrency over the next several years. Supporting this optimistic view, Bitwise, a $12 billion ETF issuer, projects Bitcoin will grow at an annual rate of approximately 30% over the coming decade, targeting $1 million by 2030 as well. Looking further ahead, Bitwise has also released price targets for 2035, with a base case estimate of $1.3 million, a bear case of $88,005, and a bull case approaching $3 million. Additionally, Bitwise Research anticipates Bitcoin could reach $200,000 by the end of the current year. These forecasts underscore a strong confidence in Bitcoin's long-term growth potential despite market fluctuations.