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While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.
What do you guys think?
the price of bitcoin will not increase if there is no positive sentiment in the market, more and more people will definitely realize that bitcoin is the best asset for long-term investment, this is what will definitely underlie the price of bitcoin to continue to increase as time goes by, I think Bitcoin reaches $100k in less than ten years.
I am terrible at speculations, but in my opinion the $100k per Bitcoin is not far away. If bitcoin succeeds in becoming the largest value-storage asset, then we can expect it to be around 10 trillion dollars which will essentially mean that 1 BTC will be equal to approximately $470k. To me, this is a more realistic target for bitcoin. But of course, nothing is guarranteed. All I am saying is, the $100k point is significant, but it is not far away, in my opinion.
agree with your opinion that bitcoin reaching $100k will definitely not be far away, people are increasingly realizing that they have to keep their money in assets that are trusted and immune to inflation and bitcoin is a very good choice, adoption of bitcoin will not stop.