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Strike CEO Jack Mallers is convinced Bitcoin is heading to 7-figures per coin and warns us that now is the time to accumulate as much BTC as possible.
"The Fed is SCAMMING you, US dollar hyperinflation is REAL! My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin."
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BlackRock, the $9.1 trillion asset management giant applied for a spot Bitcoin ETF in partnership with Coinbase, which if approved can send the BTC price on a parabolic ascent to $773,000 per coin, according to top crypto analyst InvestAnswers.
The analyst stated that the Bitcoin price could rise to $773,000 if BlackRock allocates a 5% share. On the other hand, this estimate can be considered to seem quite maximalist in the current situation.
"If, as analyst Dan Tapiero said, they add 5%, which I think is very aggressive. Maybe with time, maybe in the next three to five years, it will be possible. This will quite easily push the price of Bitcoin to $773,000 in the next three to five years."
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Bitcoin bull Larry Lepard, founder and managing partner at Equity Management Associates, says it's now obvious that the US Dollar will continue its decades-long spiral of depreciation, to the benefit of hard assets like Bitcoin.
"As more and more people come to realize they should save in this form of money, the Bitcoin price is going to go much higher in my opinion. I think we'll hit $100,000. Then I think we'll hit $1 million, and I think we'll ultimately hit $10,000,000 a coin. I'm sure my grand kids will be shocked at people who own one coin. I mean being a whole coiner will be a big deal."
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Enforcement actions on crypto firms by regulators in the United States could result in a Bitcoin focused industry that will push the BTC price over $250,000, according to MicroStrategy co-founder Michael Saylor.
"The public is beginning to realize that Bitcoin is the next Bitcoin. The next logical step is for Bitcoin to 10x from here, and then 10x again." - Michael Saylor
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Despite last year's 'crypto winter', Bitcoin Billionaires The Winklevoss Twins still believe that BTC is the trade of the decade which will hit $500,000 per coin. The Gemini cryptocurrency exchange owners Tyler and Cameron Winklevoss are believed to be two of the largest holders of Bitcoin, which they started buying when it was less than $10.
"Our bull case for Bitcoin is that it will disrupt gold. If you do the maths on 21 million in the supply of Bitcoin, the market cap of gold, let us say it is $10 trillion, maybe it is $11 [trillion], somewhere in that ballpark, that puts one Bitcoin – if it disrupts gold, and gets that market cap – at $500,000."
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Legendary Bitcoin OG Max Keiser, the Sr. BTC advisor to President Bukele and Chairman of Volcano Energy says, "El Salvador will be debt free in 2030 with Bitcoin mining."
"By 2030, the market capitalization of Volcano Energy & the GDP of El Salvador will both reach $50 billion, as we expand geothermal mining and then the price of Bitcoin skyrockets to $1 million per coin. It is a mathematical certainty."
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Binance CEO CZ (Changpeng Zhao) says the world is unprepared for the massive flood of interest that is set to enter the Bitcoin and Crypto market. CZ estimates that the flagship cryptocurrency (BTC) price could grow 1,000x more.
"With price predictions, it's really, really difficult. I think it could go to, I don't know, $1 million, $10 million. It's very hard to tell."
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Bitcoin bull Robert Breedlove, host of The "What is Money?" podcast is predicting the massive expansion of the US dollar supply in the next eight years, which he says will ignite Bitcoin's meteoric rise to $12.5 million.
"During that time, I expect Bitcoin [to be] the ultimate, irrepressible non-counterparty insurance policy against central banks to appreciate in tandem, so I think its purchasing power will increase to $1 million in 2021 purchasing power [terms] but by that time, due to the expansion of the money supply…Bitcoin will actually be nominally valued at $12.5 million."
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In an interview with Bloomberg on Thursday, Ark Invest CEO and Crypto Bull Cathie Wood indicated that the "uncertainty and volatility" in the global economic landscape has actually increased her thesis of Bitcoin being an "antidote" to inflation and counterparty risks.
Wood has, in fact, reiterated her prediction that the OG digital asset (BTC) will still hit a lofty price target of $1 million+ by 2030. She now thinks Bitcoin could skyrocket to $1.48 million per coin by 2030. Given that Bitcoin has a fixed coin supply of 21 million BTC, a target price of $1.48 million implies a total market capitalization of $31 trillion.
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Michael Saylor, Bitcoin bull and executive chairman of MicroStrategy, recently discussed how AI (artificial intelligence) has become the fastest growing exponential technology since BTC with ChatGPT growing from zero to 100 million users in less than 2 months.
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