Here’s the price of Bitcoin if you reach 500 tons as Michael Sailor predicts

Bitcoin price can reach millions of dollars if the market ceiling predictions cost 500 trillion dollars, at a value of $ 500 trillion, which will pay off.

Market analysts have confirmed many assurances about the prices about the leading cryptocurrency, but none of them match the bold calls of Michael Sailor, CEO of Strategy. After a few months of prediction An increase to 13 million dollars During 20 years, Bitcoin matches have recently increased his outlook.

Crypto Basic I mentioned Silor put a high bet on the bitcoin market roof will He reached 500 trillion dollars. Although it seems flagrantly hard, he remained steadfast in Bitcoin and ambitious expectations.

This piece analyzes the reason that Silor shares this opinion and its effects on the price of bitcoin.

Is 500 US dollars possible for Bitcoin?

Interestingly, Silor Claims Bitcoin revolution cannot be stopped the The twenty -first century pedigreed. He predicted $ 500 trillion on the market, since the capital has turned from several financial vehicles into a leading encrypted currency.

The Strategy Executive Director noted that liquidity will flow from foreign financial assets and the twentieth century to Bitcoin. He expected that the origin would clarify every long -term store of value, including gold and real estate.

In addition, Silor He suggested that Bitcoin is the next development of money and will raised a transformation from material assets to digital assets, and attracts amazing flows from old financial tools. As a result, urged the United States to stay at the top of the curve and gain 25 to 30 % of the total maximum assets.

Meanwhile, if Silor assertions prove, the Bitcoin Limited Display can provoke the shock of the supply, stimulating the expansion of the equivalent prices for the first original. It is worth noting that the recent escalating interest in bitcoin between countries and large financial institutions indicates that it may reach the level of demand for the projects of the participating founder of the strategy.

Bitcoin price if the maximum market is 500 tons

For beginners, Bitcoin has a current circulation of 19.84 million and a fully diluted supply of 21 million. Consequently, the maximum virtual market of $ 500 trillion is about 30,860 % of its current rating of $ 1.615 trillion.

Using its total supplies of 21 million BTC and the equation that the price of the original is a job in the maximum market divided by its supply, the bitcoin price will reach 23.8 million dollars, with a rate of $ 500 trillion.

However, the account using the current price and the trading supply of 81,401 and 19.84 million dollars will witness that bitcoin amounted to $ 25.2 million per coin, an increase of 30,860 %. These expectations remain largely speculative at the time of the press and should not constitute an investment advice.