How high can Bitcoin’s value go? The analysts are torn between optimism and great optimism. The head of the Kraken exchange estimates that in the next 10 years, the BTC can claim a price of one million dollars.
Bitcoin has been alternating high and low in recent days, a sign of a certain volatility. Nevertheless, crypto analysts are relatively optimistic about the growth potential of cryptomoney.
All of them anticipate growth. They differ, however, on the extent of the increase, which could be as much as double. But these forecasts mainly concern the value of crypto-actives over the next few months.

Bitcoin a “better version of gold”.
The CEO of the Kraken exchange, Jesse Powell, sees further. In an interview with Bloomberg, the CEO ventures to anticipate the price of Bitcoin in several years. And to say the least, Powell expects a dizzying rise.

“People see it supplanting gold as a store of value. So, you know, I think a million dollars as a target price within ten years is very reasonable,” says the head of the crypto exchange.

How to buy Bitcoin easily?
And it is precisely because of this superiority over gold that BTC can expect such a valuation over the next decade. In fact, for Jesse Powell, Bitcoin is simply a “better version of gold”.

How to buy Bitcoin easily?

And it is precisely because of this superiority over gold that BTC can expect such a valuation over the next decade. In fact, for Jesse Powell, Bitcoin is simply a “better version of gold”.

In a recent note, Fidelity Director Jurrien Timmer also highlighted the benefits of cryptography over gold. According to Timmer, the BTC would have a serious advantage: “Bitcoin’s supply, by design, is limited. »

By M.Azziouni 05/03/2021

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