The CEO of VanEck predicts that Bitcoin could reach $300,000, evaluating it at half the market capitalization of gold.
However, considering that the value of gold has recently risen to a market capitalization of $18 trillion, Bitcoin's target at half this amount would actually be around $456,000 per coin.
VanEck is a global investment firm founded in 1955, with assets under management of $100 billion. VanEck is one of the pioneers in innovative ETFs, including the first gold ETF.
My opinion: Before Trump's election, as well as the crushing victory of the Republicans in the Senate and the House of Representatives, and considering that there are now a large number of representatives in the government interested in crypto, such a forecast no longer seems unrealistic.