You’ll be a millionaire 💰

$2,900,000 per Bitcoin 🎯

This is ambitious but not impossible

If the price of Bitcoin reaches $2.9 million per coin, its upper limit will be $61 trillion.

This means that its price will increase 44 times, an annual growth rate of 16%.

By 2050, “almost” all of the 21 million Bitcoins will be in circulation. The fixed supply ensures scarcity, which is a key factor in the price increase.

VanEck highlights some key factors that will lead to prices reaching levels we can hardly imagine

VanEck said Bitcoin will become a major player in trade settlement and central banks.

Bitcoin is used for 10% of global international trade and 5% of domestic trade.

That sounds both low and high, doesn’t it?

Economic shift 💸

VanEck also highlighted the potential recession in major economies such as the United States, the European Union, and Japan.

They believe that continued deficit spending and currency devaluation could drive people to Bitcoin.

As confidence in traditional currencies declines, Bitcoin’s stable, predictable monetary policy could become more attractive.

Scaling Solutions (Layer 2)

A key factor is Bitcoin’s Layer 2 (L2) scaling solutions. VanEck estimates that these solutions could be worth about $7.6 trillion by 2050.

L2 solutions help make transactions faster and cheaper, which will make Bitcoin more suitable for everyday use.

What should you do now?

We’ve mentioned several times that you shouldn’t sell your Bitcoin anytime soon. The scarcity of this asset could be valuable to you as demand and supply play out.

Will $BTC ever reach this magical number? It’s still a matter of speculation and calculation, but the fact is that demand increases and prices rise.

Bitcoin has never fallen below the peak of a previous bull season, which means that the current price, still below $69,000, would be close to what we’ve seen in a bear market.

You are the master of your own decisions and you’re lucky to be part of this revolution so early.

It’s like meeting the internet in the 90s

Look at the bigger picture and accept the fact that you’re here.

Huge profits are coming 🚀