The ARK Invest called the guidelines for bear, basic and bull scripts of bitcoin – up to $ 500,000, $ 1.2 million and $ 2.4 million, respectively. According to analysts, the average annual growth rates of the first cryptocurrency quotations are expected at 32%, 53%and 72%.
According to modeling, by 2030 the share of bitcoin in the total capitalization of the global financial market with a volume of $ 200 trillion can be at least 6.5%.
The recognition of cryptocurrency as a hedging tool for risks in a bull scenario will lead to an increase of up to 60% of the total market value of the asset regarding the similar indicator of gold.
To a lesser extent, the growth of bitcoin quotations will determine purchases as a reserve asset with states and large corporations, analysts say.
Upon reaching $ 2.4 million, the market capitalization of the first cryptocurrency will be about $ 49.2 trillion, which exceeds the aggregate internal gross product (GDP) of the United States and China, the experts of ARK Invest considered.
Earlier, the chief investment director of the venture company Maelstrom and the co -founder of the BitMex Exchange Arthur Hayes said that the growth of bitcoin to $ 100,000 could happen faster than investors expect.
Source: Bits
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