Save my name, email, and website in this browser for the next time I comment. Wall Street is catching on. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned. None of the information shown constitutes an offer to buy or sell futures contracts, securities, options, CFDs, other derivatives or cryptocurrencies. According to Telegaon 's BTC prediction, bitcoin could trade at $175,109.22 in 2030, and more than double by 2040 to a potential average of $353,429.23. Fidelity Macro Analyst Makes Long Term Bitcoin Forecast Using New Hey Guys, Fidelity said, Bitcoin could reach 1b [1]. Boston-based investment firm Fidelity presented one of the most bullish scenarios for the price of Bitcoin, Anthony Pompliano said in his podcast The Best Business Show. Furthermore, it is expected that BTC will finish in 2023 with a price of $79,538. Bitcoin Forum: January 03, 2023, 09:05:28 PM: Welcome, Guest. Timmer. This allows us to provide dynamic price predictions based on current market activity. This website uses cookies. 5 years later, as the same metric drops to 0.2%, BTCs price will stand at $100,000,000. As the chart suggests, Bitcoins recent price action looks similar to that of Gold during that year. The Bitcoin price prediction was presented during a Fidelity webinar called Understanding Bitcoin, What Can History Teach Us? by Jurrien Timmer, the firms Director of Macro. The chart below was shared by Timmer on August 20th, showing the similarities between the cryptocurrency and the precious metals chart. Crypto News Flash is your number one source for the latest news and information from the world of cryptocurrencies. The emphasis on the buying power of varied asset classes was another crucial discussion in the latest webinar. His analysis shows that bitcoin is cheap but ether could be even cheaper. (that I'm aware of). The company announced that it would continue adding more Bitcoin miners this year. Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out. Due to the future . Now, one of the most bullish bitcoin voices has issued a huge bitcoin price prediction, forecasting the bitcoin price will explode to a massive $1 million per bitcoin by 2030 even as another crisis threatens to engulf the crypto market. Fidelity Digital Assets further states that Bitcoins low adoption rate still doesnt allow it to have the status of store of value. There are strong possibilities that the value of BTC will increase in 2025 because of community support and institutional investors. Bitcoin's stock-to-flow will eclipse that of gold following the next halving (2024)." Source: Fidelity.

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