Expert Predictions:
1. Cathie Wood (ARK Invest): Cathie Wood has been bullish on Bitcoin, suggesting it could reach $500,000 or more in the long term, based on increased institutional investment and broader adoption.
2. Bloomberg Analysts: Bloomberg has provided more conservative estimates, projecting BTC to reach around $100,000 in the next few years.
3. PlanB (Stock-to-Flow Model): The Stock-to-Flow (S2F) model has predicted Bitcoin reaching $100,000 to $288,000 by the end of 2024, with potential continued growth if the model holds true.
These predictions are speculative and should be taken with caution. It's essential to conduct thorough research and consider multiple sources before making any investment decisions.
