Bitcoin Will Play In The Same League With The Dollar And The Euro

After cryptocurrencies entered the mainstream this year, both those who are interested and those who are not have heard a few words about the fate of these coins. Some of these sensations point to an uptrend, some to a downtrend. The statement we will talk about now specifically claims that Bitcoin will see very high levels in the long run.

A senior strategist from Bloomberg has made a prediction about the future position of Bitcoin. Earlier, JPMorgan analysts mentioned that rapid rises in cryptocurrencies are unrealistic. If the new statement He claimed that the long-term target for Bitcoin is still $100,000.

Bitcoin goes to play in the same league as dollar and euro

Bloomberg’den Mike McGlone, He reiterated that Bitcoin, the first cryptocurrency, is on its way to becoming a global reserve asset. Noting that Bitcoin and Ethereum survived the corrections of around 50% over the summer, McGlone said; He stated that Ethereum will see $ 5 thousand and Bitcoin $ 100 thousand.

The claim that Bitcoin will reach 6-digit values ​​is not new. But Mike McGlone “The dollar has risen more than 300% against its leading rivals since President Richard Nixon changed the price of gold to the dollar in 1971.” His statement brought Bitcoin closer to becoming a part of the global financial system. According to the statements, Bitcoin will continue to rise in the long term, falling; So is his closest child, Ethereum.. Altcoins linked to Bitcoin and Ethereum will also benefit from these increases. The current price of Bitcoin is around $50,000. So there’s a whole other way. But by most estimates, it won’t take another 10 years to reach $100,000.

The video where we sold all of our crypto money investments over 1 million TL: