“More realistic than it seems”: The analyst determines how bitcoin can explode to $ 500,000 in the current session
The widely traded currency analyst tends to climb to Bitcoin (BTC) amid the rise of the leading digital assets by 25 % during the past month.
Analyst known as Calio Recount Its 69,200 followers on the social media platform x that the possibility that the possibility of bitcoin will reach $ 500,000 during “this bull market is more realistic than it appears.”
According to Kaleo, the estimate of more than 403 % of the current level will come amid a crowd of gold, which Bitcoin was traditionally outperforming.
“The total ceiling of the current gold market is $ 22.6 trillion.
My goal for gold in the next few years is greater than $ 8,000 an ounce. This would put the maximum of the market more than $ 50 trillion.
Bitcoin currently has the market value of less than $ 2 trillion.
Assuming that his performance in a step with gold, BTC will reach $ 250,000. In the past numerous bull markets, BTC has greatly outperformed gold. Assuming that he is doing 2X for gold, it will put one BTC at $ 500,000 and about $ 10 trillion on the market.
I really don’t see how this is very crazy for the king of digital assets category. “
Bitcoin is traded at $ 99,450 at the time of this report. Gold changes hands at $ 3,362 an ounce.
More nickname analyst He says Other encryption assets will also rise in the bitcoin gathering.
“Despite my budcoin, I do not see a world in which BTC is not sent to hundreds of thousands of dollars, the speculation (fear of loss) in alternative encryption origins as we have not seen before.
Especially with the current organizational scene under Trump’s management.
It is not a matter if.
It is a matter of when. “
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