Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve’s (Fed) interest rate cut on September 18. However, one analyst predicts that the cryptocurrency’s market capitalization and price could grow significantly in the coming years if the current bullish trends continue. Bitcoin Price Could Hit $550,000 Amid Market Changes In a recent social media post, crypto analyst Doctor Profit outlined a bullish outlook for Bitcoin, predicting that its market capitalization and price could significantly increase if past growth patterns hold over the coming years. Doctor Profit argues that the largest cryptocurrency on the market could reach a market capitalization of $8 trillion, which he estimates would be equivalent to a price of around $550,000 by 2030. Related Reading: Solana Price (SOL) Holds Crucial Support Level: Is the Rally Still Alive? Doctor Profit’s analysis compares Bitcoin’s potential to gold, which currently has a market cap of around $16 trillion. He bases his calculations on several factors, including new liquidity inflows and movements in the gol ..
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