Michael Saylor predicts Bitcoin to reach $13 million by 2045, market sentiment turns bullish.

From Investing.com

July 28, 2024 10:00 AM:

Michael Saylor of MicroStrategy predicts a bold future price for Bitcoin, stating $13 million as the base case by 2045, with a bear case of $3 million and a bull case of $49 million.

VanEck forecasts Bitcoin to hit $2.9 million by 2050, envisioning it settling international and domestic trade and being held by central banks as a reserve asset.

Saylor uses data and history to back his Bitcoin prediction at a recent conference, emphasizing its potential to surpass $13 million per coin by 2045 as adoption increases.

Bitcoin sentiment turns bullish after a recent price rebound, with Santiment reporting the most optimistic trader sentiment in 16 months. Bitcoin currently sits at $67,489 as per CoinMarketCap data.

Read more at Investing.com: Michael Saylor’s Epic Bitcoin (BTC) Price Prediction Stuns Crypto Community By U.Today