Bitcoin’s hard supply cap of 21 million units remains unchanged, driving its appeal. Rising global liquidity, shown by increasing debt and money supply, will continue boosting Bitcoin’s value. Despite recent selling pressure, long-term thesis remains intact for Bitcoin, with a potential price triple to $300,000 by 2030. Supply cap and expanding M2 money supply contribute to Bitcoin’s historical price surge. Since mid-November 2020, Bitcoin has soared 416%, with a 39% compound annual growth rate. While future returns may be lower, tripling in price by 2030 remains feasible. Motley Fool Stock Advisor analysts recommend 10 stocks over Bitcoin for potential high returns. Their total average return is 981%, significantly outperforming the S&P 500. Don’t miss their latest top 10 list for investing success.
Read more at Yahoo Finance: Bitcoin Will Triple by 2030. Here’s the Key Catalyst.
