Reported 1 day ago
As Bitcoin's popularity rises globally, its price potential is hotly debated. In a discussion with Robinhood's cryptocurrency head, Johann Kerbrat, Rob Nelson highlighted a bold forecast from Bitcoin Magazine suggesting that Bitcoin could reach $1.5 million by next year. Factors contributing to this speculation include Bitcoin’s limited supply, growing institutional involvement, and its role as a currency in inflation-hit economies. With increasing adoption by retail investors and innovative purchasing options, the outlook for Bitcoin’s continued price growth remains optimistic despite its current high valuation.
Source: YAHOO