Bitcoin Predicted to Peak at $13M

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The Motley Fool

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Bitcoin could be worth $13 million in 2045, according to MicroStrategy's Michael Saylor

Summary

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65% Informative

Bitcoin (CRYPTO: BTC) is sitting as of this writing almost 25% below its all-time high of $ 73,750 reached earlier this year .

Michael Saylor , founder and executive chairman of MicroStrategy , recently doubled down on his prediction that a single Bitcoin would be worth $13 million by the year 2045 .

Saylor predicted that during the next two decades , Bitcoin 's annual return would steadily fall over time, from 44% a year to 40% to 35% .

Bitcoin 's annual returns have declined significantly for an extended period of time.

The U.S. political and regulatory establishment might shift against Bitcoin .

That said, I remain bullish on Bitcoin 's long-term prospects.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 710,860 !.

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informal

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English