Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Can Bitcoin Reach $1 Million?

TheMotleyFool

0 0

Bitcoin (CRYPTO: BTC) has been on a wild ride the last few years as it spiked to highs above $60,000 and currently trades between $16,000 and $17,000 as I'm writing.

It wasn't long ago that investors believed this cryptocurrency could reach $100,000 or more. Could it reach astronomical new heights of over $1 million in the future? Let's look at the thesis behind Bitcoin's value.

I think the best argument for Bitcoin's future value appreciation is that it's a digital store of value, like gold. The token is scarce because it's limited at 21 million when all are mined and there will never be more.

Source Fool.com

Like: 0

BTC

Share