1 Top Cryptocurrency to Buy Before It Soars 1,415% to $1 Million, According to Certain Wall Street Analysts
Bitcoin (CRYPTO: BTC) returned 150% over the past year, easily outpacing the U.S. stock market. But Bernstein analysts Gautam Chhugani and Mahika Sapra expect the cryptocurrency to move much higher in the next decade. Their price targets are listed below, along with the implied upside based on Bitcoin's current price of $66,000.
Chhugani and Sapra gave two reasons for their confidence in a recent note to clients. First, Bitcoin demand among institutional investors is trending higher due to the recent approval of spot Bitcoin ETFs. Second, Bitcoin supply is limited to 21 million coins by periodic halving events.
Here's what investors should know about Bitcoin.
Source Fool.com
