As we reported at Kriptokoin.com , Bitcoin has recently become the focus of investors again. VanEck CEO Jan van Eck and famous crypto strategist Pentoshi made quite ambitious predictions about the future of BTC. Van Eck said that BTC will represent half of the value of the global gold market. However, Pentoshi emphasized that Bitcoin’s global adoption process is accelerating. In addition, these two different perspectives create a strong basis for Bitcoin’s future price movements.
Bitcoin and Gold: The New Store of Value?
Jan van Eck predicts that BTC could eventually reach $300,000. This goal would be possible if Bitcoin partially took over gold’s role as a store of value. Van Eck bases his prediction on the increasing interest from individual investors, particularly in BTC ETFs. This interest is accelerating Bitcoin’s wider adoption.
Van Eck said that Bitcoin will reach new all-time highs. He also said that it will go beyond these levels. However, he considers his $300,000 target as a “conservative estimate.” Van Eck argued that this level is more realistic in terms of market dynamics .
Pentoshi’s Bitcoin Strategy: Patient Investors Will Win
Crypto strategist Pentoshi states that Bitcoin has broken the eight-month consolidation process and entered a new uptrend cycle. The analyst explained that after this break, BTC will no longer fall to $ 50,000 levels. According to him, Bitcoin’s global adoption will continue to increase. In addition, this process will progress as an irreversible journey.
Pentoshi also emphasizes that demand for Bitcoin ETFs has even surpassed gold ETFs. BlackRock’s BTC ETF has already surpassed gold ETFs in terms of net assets. The analyst said that BTC will pave the way for more countries to purchase it as a reserve asset. He also noted that patient investors will profit from this process.
The Impact of Political Support on BTC
Van Eck says Bitcoin has become both a political and economic issue in the United States . He notes that BTC supporters gained attention in the last election and even former President Donald Trump attended a BTC event. Van Eck hopes that BTC will find more balanced support across political lines.
This could pave the way for Bitcoin to be more widely adopted by both individual and institutional investors. In particular, pension funds starting to invest in BTC could accelerate its acceptance by the wider masses. BTC is no longer just an investment vehicle, but also an important part of the global financial system.
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