Mike Novogratz: Bitcoin dürfte bis 2024 auf 500.000 US-Dollar steigen (2024)

FAQs

Will Bitcoin ever hit 500k? ›

Bitcoin could hit a $500,000 price target by October 2025, based on two key catalysts. The first catalyst is the Bitcoin halving, which has produced outsized gains in three previous halving cycles. The second catalyst is Bitcoin's potential growing importance as a global reserve asset.

Novogratz's $100K Bitcoin Price Prediction

He explained that a favorable U.S. political climate for digital assets could push bitcoin to a record high of $100,000 or more by year-end. Novogratz stated: If we take $73,000 in the next couple of weeks or so, we are going to end the year at $100,000 or higher …

Thakral believes that Bitcoin reaching $100,000 in 2024 is more feasible now than ever before due to several key factors. The approval of the spot Bitcoin ETF has spurred significant interest from institutional investors, fundamentally transforming the crypto investment landscape in favor of Bitcoin.

In the dynamic landscape of cryptocurrency, these ten coins, including TRON, Shiba Inu, Astar, Kaspa, Dogecoin, Stellar, Kava, Polygon, Cronos, and VeChain, present diverse potentials for reaching the $1 milestone in 2024. Investors keen on penny cryptos have a spectrum of options to explore.

Bitcoin Price Prediction 2025

At the beginning of the year, Bitcoin could see strong positive momentum, likely staying above $85,000 with minimal resistance from bearish market forces. By the end of Q2, continued positive trends and limited bearish activity may drive Bitcoin to reach the $100,000 milestone.

But you'd be pretty happy if you'd bought five years ago and held on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.

While this is a lower-bound scenario, we can use it as a baseline to show what it takes for investors to become Bitcoin millionaires. Assuming an annualized return of 30%, one would need to invest roughly $85,500 annually for five years to hit millionaire status. Over 10 years, this number falls to around $18,250.

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040. Timmer's demand model is rooted in Metcalfe's Law.

Bitcoin's Price History

Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030.

While BTC's price is predicted to move up in September, some analysts believe that BTC will only hit $100K in 2025. Bitcoin traders are optimistic about a potential BTC price surge in September, but there is still some skepticism about the crypto reaching six figures by the end of 2024.

Can Bitcoin go to 1million? ›

Experts Forecast Bitcoin To Hit $1 Million Within A Decade Amid Crypto Boom. Great SpeculationsContributor Group. Bitcoin could be headed for the stratosphere, according to a new report by Bernstein.

Bitcoin broke $50,000 on Monday for the first time since December 2021. Bitcoin topped $50,000 on Monday for the first time since December 2021, according to CoinGecko data, suggesting confidence in the digital currency is growing after a turbulent two years of scandals and bankruptcies.

Because Bitcoin is so powerful and has so much potential, Bitcoin's projected value and estimated growth could be astronomical. Speculation from crypto analysts and industry experts suggests that Bitcoin's long term value could reach over $100,000 to as much as one million dollars per BTC in the future.

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

It claims the value of Bitcoin will grow steadily to about $1 million per full Bitcoin by 2030.

Bitcoin Cash price prediction 2024: Bitcoin Cash's price for 2024 according to our analysis should range between $126.03 to $189.04 and the average price of BCH should be around $157.53.

However, some experts have offered bold projections. Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases.