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Bitcoin: With 0.001 BTC to Millionaire – What Lies Behind the Prediction?
A high-profile prediction for Bitcoin suggests that just 0.001 BTC could make investors millionaires. This amount, currently valued at approximately €97.51, raises the question of its realism. Fidelity Investments, one of the world's largest asset managers, has made this bold claim, forecasting that Bitcoin could reach an astonishing $1 trillion by 2038, making 0.001 BTC worth $1 million.
Fidelity's director of global macroeconomics, Jurrien Timmer, bases this prediction on the Stock-to-Flow model combined with his own calculations. He compares Bitcoin's growth to Metcalfe's Law, which states that the value of a network increases quadratically with the number of users. This suggests that as more investors and institutions enter the market, Bitcoin's value could significantly rise.
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"The headline could just as easily read: Fidelity predicts that the US dollar will fail within the next decade. Complete nonsense," commented the pseudonymous Bitcoin expert "TheRealPlanC," who offers a contrasting prediction of Bitcoin reaching $2 to $3 million by 2038 if the US dollar remains stable.
In summary, Fidelity's prediction has sparked both excitement and skepticism, with some experts questioning its feasibility.
Crypto Forecast: Gold Shows the Way – Crises Drive Bitcoin
Bitcoin has shown slight recovery in the past 24 hours, trading around $113,500. However, its price movement remains characterized by a moderate sideways trend. Analysts suggest that macroeconomic crises could play a crucial role in Bitcoin's future, with gold already acting as a safe haven. Since the beginning of the year, silver has increased by over 41%, while gold has risen nearly 37% as investors seek "hard assets" amid rising geopolitical risks.
Despite Bitcoin's current stability above the $100,000 mark, it has not shown a strong correlation with gold or tech stocks. Long-term investors have sold approximately 230,000 BTC in the past 30 days, which has only been partially absorbed by current demand. Nevertheless, Bitcoin's price has stabilized around $112,000, a level previously reached during its last all-time high.
In conclusion, macroeconomic risks could enhance Bitcoin's attractiveness, potentially positioning it as a digital counterpart to gold.
Bitcoin: Historical Buy Signal? This Indicator Suggests a Massive Rally
As Bitcoin struggles around the $114,000 mark, a valuation model indicates that the cryptocurrency may currently be massively undervalued. Analysts from CF Benchmarks have identified a significant discrepancy between Bitcoin's price and the growth of the US money supply M2, suggesting that Bitcoin is too cheap relative to the money supply. Historically, such conditions have often preceded impressive price rallies.
The analysts emphasize that the gap between money supply expansion and Bitcoin's price is among the largest seen in recent years. Similar patterns in 2016, 2019, and 2021 marked excellent entry points for investors. The true test for Bitcoin bulls now lies at the $115,000 level, just above the critical 50-day line currently at $114,576.
In summary, a fundamental bullish signal coincides with a crucial technical hurdle, creating an exciting setup for investors.
Fed at the Limit, Bitcoin on the Rise: Experts See Bitcoin Heading Towards $2 Million
As the Federal Reserve approaches its limits, Bitcoin is gaining momentum, with experts predicting it could reach $2 million. The current economic climate, characterized by rising inflation and potential interest rate cuts, is seen as favorable for Bitcoin's growth. Analysts suggest that Bitcoin's role as a hedge against inflation could drive its price significantly higher in the coming years.
In conclusion, the combination of macroeconomic factors and Bitcoin's established position as a digital asset could lead to substantial price increases, with predictions of reaching $2 million becoming more prevalent.
Sources:
- Bitcoin: Mit 0,001 BTC zum Millionär – was steckt hinter der Prognose?
- Krypto Prognose: Gold zeigt die Richtung – Krisen treiben Bitcoin
- Bitcoin: Historisches Kaufsignal? Dieser Indikator deutet auf eine massive Rally hin
- Podcast Bitcoin & Beyond: Der Krypto-Dealmaker von Trade Republic, Flatex und Co. packt aus
- Nicht Bitcoin oder Ethereum: Diese Kryptowährung soll jetzt massives Potenzial haben
- Fed am Limit, Bitcoin im Aufwind: Experten sehen Bitcoin auf dem Weg zu 2 Millionen US-Dollar
