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Global Equities Research’s Trip Chowdhry in a note to clients said he thinks the Bitcoin price will rise from $54,000 to $4 million per BTC.
“We are of the opinion that Bitcoin will get to $4 million per Bitcoin, in the next 18-24 months,” wrote the analyst.
Chowdhry also shares 5 reasons why he is confident that the BTC price will reach $4 million.
In other trending Bitcoin News today: Bitcoin ‘supercycle’ sets up Q4 BTC price top as illiquid supply hits all-time high!
Bitcoin is gearing up for a comeback which should lead it to repeat classic bull run years 2013 and 2017, analysts are arguing.
As $42,400 local highs appeared on July 31, narratives around the market are flipping back to a bullish Bitcoin “supercycle.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
https://www.forbes.com/sites/chuckjones/2021/07/31/one-analyst-has-bitcoin-reaching-4-million/?sh=3b81e5196611