Bitcoin to $2.9M by 2050? VanEck outlines bold base-case scenario
VanEck projects Bitcoin could reach $2.9 million by 2050 in its base-case scenario, driven by adoption as a global settlement currency and reserve asset. The firm's bear and bull cases are $130k and $53.4 million, respectively. Other projections include Michael Saylor's $3-$49 million forecast and Cathie Wood's revised $1.2 million target for 2030. Meanwhile, Bernstein analysts predict a 66% rally to $150k in 2026, though near-term sentiment remains cautious. Traders emphasize the need for stronger demand above $90k to sustain a recovery.
ambcrypto01/09 23:01
