No Argument' that BTC will Rise 20X Says Gold Firm Executive

News • 2020/11/24 • by

Dan Tapiero, an executive at the Gold Bullion International, believes that BTC is on course to make a six-figure price.

Dan explained that Bitcoin is on top when it comes to price appreciation, although he advised investors to hold both Gold and BTC. He furthered that he doesn't think anyone in the gold community will argue this fact.

Major Updates

Bitcoin is more potent than Gold because it is backed by blockchain

Enthusiasts believe BTC will soar beyond $200k next year

Bitcoin helps to avoid inflation

Dan noted that the BTC sector is worth about $100 trillion and believes that big-time investors could invest about 5% to 15% of their asset portfolio. He also explained that although Gold and Bitcoin are a store of value, BTC edges Gold because it is an entire network.

Several other experts and analysts also believe that bitcoin will continue to appreciate and make bullish waves. Brian Estes, the managing partner at Off the Chain Capital, predicts that the asset's price is likely to go as high as $288,000 by the end of next year.

Jim Cramer, the host of CBNC, also supports the bullish notion of BTC. He explained that he had realized that it is an excellent way to avoid inflation, and the future generation will appreciate it.

What do you think about the future of BTC? Let's discuss this in the comment section.

Comments (4)

Guest

visiblemoney

6 years ago

The future of BTC is global adoption. The whole world is half caught with its wildfire and fame already....The blockchain technology has won the battle because it is going to set a new ATH record in 2020.