As more and more people go to exchanges like Binance, Primexbt, Kraken etc… to buy bitcoin we can only conclude due to its limited nature and use case that in the future the price of bitcoin will be at higher levels compared to now.
According to Allied Market Research, by 2030 its value could grow to $4.94bn, representing a 12.8% surge. Meanwhile, research conducted by ResearchAndMarkets in December 2021 noted that the overall cryptocurrency market could rise to $2.73bn in 2025 from $1.63bn in 2021.
My target for BTC by 2025 is $2000
Bitcoin is saturated. All the ones that wants to buy based on ideology, technology, or get rich schemes have bought.
A lot of the use cases like titles contracts or wills etc do not make the price go higher. All the usecases behind the scenes like parking meters or micropayments do not need people to use bitcoin as a store of value.
Fiat is not ending tomorrow. Fiat and credit cards can still get more efficient before it fails. Therefore, I think the growth from here will be far more flattish. We get to a price of 1500 to 2500 over 5-10 years. There's no way the community of people will be this enthused and active for another 10 years straight if you're only gonna make a 5x return in 10 years. If you want it as an inflation hedge fine. But this is