Bitcoin is a decentralized cryptocurrency. The protocol was launched on January 3, 2009. However, for a long time, Bitcoin was not particularly valuable as a means of payment.

The first Bitcoin halving event took place in 2012, and at the time this event did not have much impact on the price of Bitcoin, but in 2013, the price of Bitcoin exceeded $22.

Liquidations at the then largest cryptocurrency exchange Mt.Gox depressed the BTCUSD exchange rate. Many well-known investors began to criticize digital currencies. As a result, Warren Buffett called Bitcoin a mirage or a Bitcoin bubble. Many agreed with him. However, everything changed after the launch of Bitcoin.

Predictions for the price of Bitcoin in 2040 are approximate. Some analysts believe that by 2040, the price of Bitcoin has the potential to reach $2 million.

What do you think about the future price of Bitcoin? $BTC