BTC Will Cost $20 000 By 2030
Charles Hoskinson, Ethereum co-founder and Cardano creator, believes that BTC will reach its peak rate $20 000 again in 10 years. The cryptocurrency industry will see global changes during this period of time and the digital assets will have high demand. Billions of users will use them to pay for goods and services.
Making a forecast, he used Amazon story as an example. Its rate dropped against the background of dotcom bubble, however, the company managed to wake from ashes in 12 years.
Hoskinson believes that the key moment in cryptocurrency ecosystem history is when the institutional will enter the market and contribute to making progress. In addition, complex tools and trading strategies will be implemented when they come: derivatives, options and etc. It will allow to get rid of high rate volatility.
Analytical company Delphi Digital believes that BTC will hit the bottom in Q1, 2019. Estimating the previous indicators, the experts are sure that a new peak will be reached next spring.