# Bitcoin to $500,000? Da Vinci's Bold Prediction 🚀

## Key Points:

1. **Bold Prediction**: Jeremy Da Vinci, a long-time Bitcoin evangelist, predicts that Bitcoin will reach $500,000 before the end of this decade.

2. **Current Market**: Despite the recent decline from $123,000 to below $117,000 (showing a daily drop of 2.4%), Da Vinci remains optimistic.

3. **Investment Philosophy**: He suggests a "never sell" approach - holding Bitcoin as collateral and borrowing against it to invest in other assets.

4. **Recent Price Movement**: Bitcoin has experienced volatility, ranging between $115,000 and $120,000 in the past 24 hours according to BingX data.

## What This Means:

* If Da Vinci's prediction comes true, it would represent a +400% increase from current levels.

* This would place Bitcoin's market value in competition with gold.

* The strategy of using Bitcoin as collateral instead of selling it is gaining popularity among long-term investors.