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3 Important Numbers to Know for Bitcoin Investors
As a Bitcoin (CRYPTO: BTC) investor, it can be confusing to make sense of all the information out there. And that's especially the case when it comes to the weekly influx of new macroeconomic data. It's becoming increasingly difficult to separate the signal from the noise.So, to help make sense of it all, here are three numbers that can help to ground your thinking about where Bitcoin is headed next.Let's get this number out of the way first. A lot of very smart people on Wall Street think that Bitcoin is going to hit a price of $1 million by the year 2030. And even that number might be too small. Cathie Wood of Ark Invest, for example, recently doubled down on her prediction that Bitcoin is going to hit $1.5 million within the next five years.Continue reading
As a Bitcoin (CRYPTO: BTC) investor, it can be confusing to make sense of all the information out there. And that's especially the case when it comes to the weekly influx of new macroeconomic data. It's becoming increasingly difficult to separate the signal from the noise.
So, to help make sense of it all, here are three numbers that can help to ground your thinking about where Bitcoin is headed next.
Let's get this number out of the way first. A lot of very smart people on Wall Street think that Bitcoin is going to hit a price of $1 million by the year 2030. And even that number might be too small. Cathie Wood of Ark Invest, for example, recently doubled down on her prediction that Bitcoin is going to hit $1.5 million within the next five years.
