Bitcoin forecast to grow by 700%

The director general of the global investment agency VanEck, Jan van Eck, expressed optimism that the price of bitcoin will increase by 700% compared to current cryptocurrency № 1.

At the same time, speaking about the timing, everything is not so optimistic – according to van Eck, to reach the mark of $ 250,000 for 1 PTS can take decades. In any case, for bitcoin, CEO VanEck predicts a capitalization of 50% of the current capitalization of gold.

“Bitcoin is waiting for a price increase, because so far it is just” ripening “. And its institutional acceptance is growing every year. Not only institutional investors, but also governments around the world see it as a useful asset, “added van Eck.

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