According to major cryptocurrency players, Bitcoin's potential value could reach $667,000. Adam Back and analyst Tuur Demeester believe that when Bitcoin hits $100,000, there may be skepticism similar to what was seen in early 2017 when it was worth $3,000. If the market underestimates Bitcoin's growth again, it could eventually surge above $600,000. Back has made his own calculations supporting the idea of Bitcoin reaching $667,000. Despite some volatility in the market, with Bitcoin recently hitting a new high close to $90,000, the current fluctuations may be insignificant if the analysis proves accurate.
- Content Editor ( u.today )
- 2024-11-12
Bitcoin May Reach $667,000: Satoshi Nakamoto's Allies Explain Why