Popular crypto analyst InvestAnswers thinks Bitcoin could be worth millions of dollars per BTC within eight years under the assumption that people will continue to flock to the leading cryptocurrency asset.
“Not hopium, just math, and we do expect it to slow down, but the key takeaway here is if Metcalfe’s Law holds, the conservative model has Bitcoin reaching $3.4 million by the year 2030. That may seem completely impossible, completely ridiculous, outlandish, compared to where we are right now, but anyway, let’s go more into what’s happening. Again, this is about adoption, it’s an arms race, it’s game theory, whatever you want to talk about it.”
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