Bitcoin fan and founder of Strategy Michael Sailor made a daring forecast for the growth of BTC to $ 21 million.
Now the price of BTC is $ 102,256, respectively, if Seilor’s prediction will come true, then the cryptocurrency will rise in price by 205 times by 2046, and its level of capitalization will exceed $ 416 trillion. At the moment, the money supply throughout the world is estimated at $ 109.14 trillion, so it remains a mystery where such a giant volume of capital will come from.
Last year, Michael compiled a more conservative forecast for the increase in BTC price to $ 13 million by 2045, however, also involving an increase in the market capitalization of a digital asset to an incredibly high mark of $ 258 trillion.
The cost of gold with a millennium of trade is only $ 22.72 trillion, but Seilor does not bother this circumstance, and he even dares to increase the goal of bulls in the Bitcoin market. Nevertheless, Michael, most likely, correctly predicts the direction of movement of the coin course.
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Source: Cryptocurrency
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