Bitcoin future price of $1 million comes true in 2020, that would give it a total market capitalization of $15 trillion. Going back to McAfee's prediction, Bitcoin would need to increase its value by more than 4,900% from its all-time high of $20,000.
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https://www.coindesk.com/market-wrap-some-miners-face-an-uncertain-future-despite-rising-bitcoin-priceBitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.
https://cdn.steemitimages.com/DQmWchMRiGB4FRGMc3EQfphq6fraA83Em9RKUHCV2ob9jat/gggg.jpgBillionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017. So i think it will be going for everyone future.
With the bitcoin halving event around the corner, there will be less than half of the usual supply of bitcoin being sold on the open markets. As a result, "Assuming the demand stays relatively similar, the outcome of the event will trigger an increase in bitcoin price."
