Heres How Bitcoin Can Reach $10,000,000 per BTC, According to Crypto Researcher

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Heres HowBitcoin Can Reach $10,000,000 per BTC, According to Crypto Researcher

The crypto world is in turmoil after an astronomical Bitcoin(BTC) price prediction chart made the rounds on social media.Documentation of Bitcoin shares a chart listing store-of-value assets withtheir 799,700 Twitter followers, making the case that BTC could probably reacha price tag of $10 million. 

The analyst listed the total market cap of assetssuch as gold, real estate and stocks, then estimated what percentage of marketshare bitcoin could take from each.

The analyst believes that the full potential of bitcoin'smarket cap is around $206.9 trillion. Since the maximum supply of BTC is 21million tokens, that would bring the price to around $9.85 million per BTC.Crypto traders have wondered for years whether BTC can eventually overtakegold. 

Financial services firm DVire Group released a worldwide survey inNovember 2020 assessing the sentiments of the Millennial generation about thetwo properties.

“Bitcoin has been around for a little over a decade, but already accountsfor more than 3% of gold's $9 trillion market cap. Millennials are to become anincreasingly important market participant in the years to come, The largestever generational transfer of wealth from baby boomers to millennials –estimated to be more than $60 trillion."

Bitcoin, BTC Price Prediction, BTC Market cap, Crypto traders, Cryptocurrency, Crypto Traders

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