Prediction: Bitcoin Will Reach $150,000 in 2030
Bitcoin (CRYPTO: BTC) has been on a fantastic run over the past year and a half -- it's now up by 299% since the start of 2023. That growth has slowed a bit, as the price of the crypto is down 6% from its all-time high that was reached in March. The current price is roughly $69,400.
For those wondering if now is still a good time to buy the world's most valuable cryptocurrency, I think Bitcoin will reach $150,000 by 2030, delivering an annualized return of 14%.
It's important to recognize that Bitcoin's forward returns will likely be much less than its monumental rise to its current level. This asset isn't flying under the radar anymore. So, Bitcoin's appreciation will probably decelerate in the years ahead.
Source Fool.com
