An Incredible Price Prediction Emerged from a Renowned Bitcoin Advocate!
Bitcoin enthusiast and co-founder of Apollo, Thomas Fahrer, has made an astonishing price prediction for BTC. He believes that by 2030, Bitcoin will reach a staggering $3.5 million.
The increasing adoption and usage of Bitcoin are directly influencing its price. With this in mind, Fahrer took to his X account to share his bold forecast. He believes that Bitcoin’s value will soar as global assets experience significant growth, and more people recognize it as a reliable store of value.
Fahrer estimates that Bitcoin currently accounts for 0.1% of the world’s wealth, but he expects this percentage to rise to 0.5%. By increasing the allocation rate, Fahrer predicts that the price of Bitcoin could reach $3.5 million by 2030.
In his own words, Fahrer explained, “Today Bitcoin accounts for 0.1% of world wealth. It will be 5% by 2030. Total global assets increased from $900 trillion to $1,500 trillion. One Bitcoin = 0.05 * 1500 Tons / 21 Million = ~ 3.5 Million Dollars.”
Currently, Bitcoin is performing well, with a trading price of $69,887 at the time of writing. Keep an eye on its progress and follow the adoption of Bitcoin closely.
For comprehensive coverage of all Bitcoin-related news and developments, visit the following link: [insert link here].
Please note that this article does not constitute investment advice. If you are interested in investing in over 300 cryptocurrencies, you can register with Binance exchange using this link to receive a 20% commission discount.
Don’t forget to follow our Telegram and Twitter accounts for exclusive news, analytics, and on-chain data.
Receive notifications when new comments are posted.
