Bitcoin to Hit $1 Million in Price by 2036 Predicts Analyst
Bitcoin's market capitalization is currently around $1.3 trillion, but its price has dropped by 47% from its peak.
The author believes that despite the current bear market, Bitcoin's long-term trajectory remains impressive and patient investors should be optimistic about its future growth.
In fact, the author predicts that Bitcoin will hit $1 million in a decade, which would represent a significant increase of 1,438% from its current price of around $65,000.
This prediction is based on the idea that Bitcoin's adoption as a store of value will drive its growth, and it could potentially capture 71% of gold's market value by 2036.