Reported 1 day ago
Analysts are speculating that Bitcoin could reach $1 million within five years, requiring an impressive annual growth rate of 50%. While Bitcoin has experienced significant gains in recent years, including a 304% increase in 2020 and an average rise of 20% this year, sustaining such growth remains uncertain. Experts predict that institutional adoption will rise and Bitcoin may find broader use as a payment method. Despite skepticism surrounding its future performance, many investors believe Bitcoin's price will continue to climb.
Source: YAHOO