ilmscore | It’s Over: Bitcoin Just Broke The US Dollar

It’s Over: Bitcoin Just Broke The US Dollar

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 4
Pending: 5
Unrated: 0
Prediction
Topic
Status
Bitcoin has the potential to become the global reserve currency.
"Bitcoin is the potential to one day become the global reserve currency, overtaking everything in its path."
BTC
Pending
Bitcoin is predicted to reach between $100,000 and $200,000 within the next 1 to 3 years.
"Over the next 1 to 3 years, it seems like the general price target falls between $100 and $200,000 given increased demand, institutional buying, and less regulation."
BTC
Pending
Predictions for Bitcoin's price by 2030 range from $300,000 (bare case) to $1.5 million (bull case), with some analysts suggesting $2.4 million and others a more realistic $600,000-$800,000.
"By 2030, you have investors like Robert Kiasaki who think that it could hit $300,000 as a bare case or as high as $1.5 million in a bull case. Kathy Wood believes it might rise as high as $2.4 million. And you also have various platforms showing what they think their users believe is a more realistic price, which falls in the range of 600 to $800,000 during this time frame."
BTC
Pending
By 2035, Bitcoin is predicted by some analysts to reach $1 million to $1.5 million, with Michael Saylor's model suggesting $2.1 million.
"Then by 2035 or roughly 10 years from now, some analysts believe that Bitcoin could reach as high as a million or 1.5 million as investors shift some demand away from gold. and Michael Sailor's model suggest 2.1 million could become reasonable."
BTC
Pending
The highest prediction for Bitcoin's price in the next 10 years is $10 million, based on its inability to expand supply to meet demand.
"The highest prediction I could find on this in the next 10 years suggests that Bitcoin could reach a price of $10 million, saying that every past store of value has perpetually expanded its supply to meet demand. Bitcoin is the first that cannot."
BTC
Pending
By 2050, if Bitcoin is used for 10% of international and 5% of domestic trade settlement, its price could reach nearly $3 million.
"And finally, by 2050, if Bitcoin could be used to settle 10% of the globe's international trade and 5% of the world's domestic trade, a price of nearly 3 million wouldn't be out of the ordinary."
BTC
Pending
Bitcoin appears to have a strong correlation with the NASDAQ.
"It does seem to have a pretty similar correlation to the NASDAQ."
BTC
Incorrect
50% of financial advisors intend to recommend cryptocurrency investments to their clients within the next year.
"half of all financial advisers plan to recommend cryptocurrency investments to their clients within the next 12 months."
BTC
Incorrect
Some financial advisors recommend allocating 2% of portfolios to cryptocurrency, while others suggest an optimal allocation of 10-14%.
"several financial adviserss have started recommending their clients allocate about 2% of their portfolio to cryptocurrency with nearly 1 in 10 saying that the perfect allocation is actually between 10 and 14%."
BTC
Incorrect
Analysts anticipate Bitcoin's price to be between $100,000 and $200,000 in the next 1 to 3 years.
"Over the next 1 to 3 years, it seems like the general price target falls between $100 and $200,000 given increased demand, institutional buying, and less regulation."
BTC
Incorrect