Cryptocurrency investors woke up to a rather pessimistic day today and the leading cryptocurrency Bitcoin (BTC) For the first time in a long time, he threw a needle at $ 42,400.
The sharp decline in the price of Bitcoin does not seem to be able to spoil the predictions of a famous analyst for the future.
Bitcoin and the Industry Will Continue to Grow
Former director of Goldman Sachs and CEO of Real Vision Raoul Pal, He thinks that the rise and growth of the crypto money industry will continue at full speed.
Pal stated that while the entire industry is currently worth $2.1 trillion, it may increase 100 times in the coming days.
According to Pal, we have about 8 years for this to happen. The famous name stated that the total value of the sector can easily reach 250 trillion dollars by 2030 and said that this growth cannot be prevented.
Comparing other markets, bonds, bonds and real estate sector with the crypto money sector, the experienced name stated that they actually have an average value of 250-350 trillion dollars.
Stating that the derivatives markets are over $ 1 quadrillion, the analyst thinks it is possible for Bitcoin to lead a $ 250 trillion industry.
Stating that cryptocurrencies have grown at a rate never seen before in any asset and sector in history, the analyst is confident that new records will come in a short time.
Pal thinks that there are 3.5 billion people in the industry right now, and he expects a sharp increase in the number of these people in 2030 with the available data.
As soon as Bitcoin saw what price at that time, it is obvious that BTC is in a very difficult situation right now.