💰 Bitcoin in 2050: VanEck's Price Predictions 📈💰
Analysts have made numerous predictions about the future price of #Bitcoin . Cathie Wood stated that $BTC will be worth $1 million by 2030. VanEck, for her part, estimates that it could reach $2.9 million in a "baseline scenario" due to a increase in national debts 📉, foreign sanctions 🚫 and the fall of the main world currencies 💱.
VanEck also presented two additional scenarios: a bullish one 📈, where BTC would reach $52 million, and a bearish one 📉, with BTC at $130,000. To reach 52 million, Bitcoin would need to lose 94% of its supply 📉, represent 10% of global GDP 🌍 and replace 30% of all existing financial assets 💰.