A leading analyst in South Korea has predicted that Bitcoin’s price growth over the next decade will be limited to a “ceiling” of 642%, according to News1. This prediction came in a report by Hanwha Investment & Securities researcher Kim Yu-min titled “Bitcoin: From Futuristic Fantasy to Wall Street.” Bitcoin Price Growth: Lowest and Highest Possible Prices According to News1, Kim’s analysis revealed that “Bitcoin’s future price will rise by at least 84% and at most 642%” over the next decade, compared to current prices. The news agency reported that a 642% rise in Bitcoin’s price would mean it would reach “about 616 million won (South Korean currency), equivalent to $460,790” by 2034. #bitcoin
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