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Macro guru Raoul Pal is calling Bitcoin / Crypto the fastest growing asset class in human history and predicts gargantuan growth for the cryptocurrency markets by 2030.
The Real Vision CEO says Crypto markets could 100x from current levels and reach a $200 trillion market cap, even if there are slow years along the way.
"We're at 300 million active users worldwide in digital assets. Essentially, it's growing at 185% [per year]. We get to 600 million-plus, call it 750 million, by the end of this year. Even if we have a slow year – we get to 500 million. The year after, it's a billion. The year after that, it's two billion. Year after that – four billion.
The speed at which this is coming, people do not comprehend. And the movement, I think, from the $2 trillion asset class today to the $200 trillion asset class that's [Jeff Dorman's] talking about is by the end of the decade."
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Billionaire Paypal co-founder Peter Thiel shared his list of enemies stopping the king crypto (Bitcoin) from rising 100x Thursday while speaking at the BTC 2022 conference in Miami, Florida.
"We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here."
"The central banks are going bankrupt. We are at the end of the fiat money regime," he said.
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Mike Novogratz has once again reiterated his support for the $500,000 future prediction for the king cryptocurrency. The Galaxy Digital CEO who was recently at the BTC 2022 conference held in Miami had spoken in favor of the cryptocurrency once more, highlighting the future potential of the digital asset.
Novogratz did not stop at $500,000 though. The Bitcoin proponent and maximalist also explained that he expects the digital asset to eventually reach as high as $1 million apiece.
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The next projected Bitcoin bull market cycle peak target for the king crypto (BTC) is between $250K - $770K with a median average of $440K on October 24th, 2025.
"Bitcoin DPC price model - Weekly update (Apr 2, 2022)
- Current projection: $47K ($27-83K)
- Projected cycle trough (Dec 21, 2022): $21K ($12-36K)
- Projected cycle finish (Apr 24, 2024): $59K ($34-104K)
- Next projected cycle peak (Oct 24, 2025): $440K ($250-770K)"
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ARK Invest founder Cathie Wood says she views Bitcoin as a "disruptive innovation" in line with corporate giants like Amazon, Apple and Tesla and explains how she gets a BTC price prediction of $700,000 per coin.
"We think emerging markets are a huge use case here," Wood said. "That use case alone will account for $100,000 to $200,000" of an increase in the price of Bitcoin.
Now let's do the math.
The current Bitcoin price of about $60,000 is the base. Wood sees institutional investors adding $500,000 to that and emerging market adoption adding $100,000 to $200,000 more.
So Wood's five-year Bitcoin price target is actually a range between $660,000 and $760,000, with $700,000 falling just below the middle of the range.
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Crypto analyst and DataDash host Nicholas Merten says the king crypto (Bitcoin) will hit new all-time highs sooner than most traders think and end the year between the $150,000 - $200,000 range.
"What we generally see here, as we've had drawn on the chart for some time, is that after we go through this May rally, even if we get a slight pullback here in the middle of the month, we would still continue higher here, get well up here towards around $75-90k for Bitcoin's price, come down and make that support, and going from August or Septemeber, really starting to charter into November and December, up towards around $150-$200k."
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A closely followed cryptocurrency analyst and trader is unveiling what he believes will propel Bitcoin to his target of $58,000 per BTC.
Also global investment giant VanEck is predicting Bitcoin could surge by over 100X as hard currencies become less attractive reserve assets.
"The implied price of Bitcoin using the same aggregate M0 that we used for gold is around $1,300,000 per coin.
The implied price of Bitcoin using global M2 is $4,800,000 per coin."
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The long-term outlook remains incredibly bullish for Bitcoin enthusiasts, including VanEck. The ETF and Mutual Fund Manager predicts the king cryptocurrency (BTC) reaching between $1.3 million - $4.8 million if it becomes the global reserve asset.
"Asset manager Van Eck says the Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset." - Mike Alfred
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American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset.
VanEck's analysis found that the implied price for the king cryptocurrency ranged from $1.3 million to $4.8 million. The lower prediction was based on BTC as a monetary base (M0), which investment database Investopedia says includes all circulating supply of a currency and bank deposits but is not a common marker for economists to look at.
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Popular crypto analyst Nicholas Merten says the king cryptocurrency Bitcoin is in the middle of a push to $70,000, with one critical resistance level left in play.
Another popular analyst Plan C shares, "I do believe in diminishing returns as well as diminishing losses. My cycle peak target is 120-180k"
This was in response to Crypto Rovers tweet, "If we believe in the diminishing return structure, we should look at a Bitcoin market cycle peak somewhere around $170,000!"
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