According to researchers, the rise in the price of Bitcoin will be facilitated by the further spread of cryptocurrencies.
Within ten years, Bitcoin can rise in price up to $ 400 thousand. Altcoins will follow the positive BTC movement. This was the conclusion of Crypto Research analysts in their new study.
According to experts, BTC’s growth will be realized until 2025. In the next 5 years, against the backdrop of a positive impulse, the value of cryptocurrency will continue to rise. Altcoins such as Ethereum, Litecoin, Bitcoin Cash, and Stellar, as the researchers believe, will increase in value.
“We think that BTC is still at the initial stage of adaptation,” experts said.
The positive forecast for cryptocurrency Crypto Research is based on an analysis of the current level of bitcoin distribution and its growth potential.
According to researchers, the cost of BTC at $ 7,200 at the end of 2019 indicates that the asset penetrated only 0.44% of the available markets. If the indicator reaches 10%, the cryptocurrency rate can reach $ 400 thousand.
The total growth of BTC by 2030, according to experts of Crypto Research, may reach 4 thousand percent. The researchers also predicted altcoins:
The maximum growth, according to experts, will demonstrate XLM. According to experts, the asset may rise in price by 11 thousand percent by 2030.
The researchers also noted that the spread of cryptocurrency is likely to be promoted by the growth of the planet’s population. The more people, the higher the percentage of potential investors.
Recall that earlier, analysts at Bloomberg concluded that Bitcoin will rise in price after rising gold prices.