Reported 5 months ago
Bitcoin has seen significant growth, up 299% since the start of 2023 with its current price at $69,400, although down from its all-time high. Predictions suggest Bitcoin could hit $150,000 by 2030, with an annualized return of 14%. Although some forecast higher numbers like $3.8 million and $1 million, a $150,000 prediction, while more conservative, still outperforms the S&P 500 average. The potential rise is attributed to rising demand due to limited supply and growing familiarization with the asset, despite warnings of volatility and risks.
Source: YAHOO