bullish

Bank

Bitcoin

Trillion

<ul>
 <li>Bitcoin price dips below $64,000 yet sentiment for a bullish future remains strong.</li>  
 <li>One analyst states Bitcoin will hit a total market cap of 8 trillion by 2030.</li>  
 <li>Known for many accurate predictions, the analyst says BTC price will hit $550,000 in 2030.</li> 
</ul>  
<p>Silver-tongued analyst known for his many accurate predictions makes a bold statement for a bullish Bitcoin (BTC) price by 2030. According to this analyst, the price of BTC is set to hit <a href="https://x.com/DrProfitCrypto/status/1840581496282739052" target="_blank" rel="noopener noreferrer nofollow">$550,000 by 2023</a> with a total market cap of 8 trillion. Despite Bitcoin’s current dip below the $64,000, this analyst and many others see a highly bullish future for Bitcoin and crypto.</p>  
<h2 class="wp-block-heading" id="h-btc-price-eyes-550-000-by-2030">BTC Price Eyes $550,000 by 2030</h2>  
<p>In detail, the reputed and renowned crypto and Bitcoin analyst, <a href="https://x.com/DrProfitCrypto" target="_blank" rel="noopener noreferrer nofollow">Doctor Profit</a> believes that Bitcoin is set to welcome an 8 trillion market cap by 2030 leading to a Bitcoin ATH of $550,000 when this event occurs. This prediction has led to intense discussion within the crypto community.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-bitcoin-market-cap-to-8-trillion-by-2030">Bitcoin Market Cap to 8 Trillion by 2030?</h2>  
<p>In response, one user asks the analyst where the liquidity will arrive from to pump Bitcoin’s market cap to 8 trillion. To this, Doctor Profit responds saying that the possibility is not far-fetched as gold is up to 13-16 trillion in market cap and Bitcoin being digital gold can certainly amass 8 trillion by 2030.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/DrProfitCrypto/status/1840485944870203522
 </div>
</figure>  
<p>The analyst then goes on to highlight the many aspects that could boost the price of Bitcoin (BTC) in the coming weeks and months which will reflect in the long-term bullish price action for the pioneer crypto asset. To start off, he mentions the strength of the Chinese stock market. He highlights how a strong Chinese market has always pumped the price of BTC.</p>  
<p>Recently, the People’s Bank of China announced its <a href="https://cryptonewsland.com/78000-bitcoin-trend-target-140-billion/" target="_blank" rel="noopener noreferrer nofollow">$140 billion liquidity injection</a> into financial markets. This bullish wave along with China’s strong market will likely pump BTC to much greater heights. Many reputed leaders in the crypto space have mentioned that the new cycle bull run will come from the East, and the latest market movement supports this expectation.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/DrProfitCrypto/status/1840579422560149522
 </div>
</figure>  
<p>The analyst also mentions the <a href="https://cryptonewsland.com/crypto-analyst-foresees-80k-100k-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">$16 billion handover from FTX</a> to its investors and retail, another bullish sign for the crypto market. He ends his message with transparent mentions of his long trade since $53,000 BTC price and $2,200 ETH price, once again hinting at the start of a bullish crypto season ahead.&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/550000-btc-ath-bitcoin-8-trillion/" rel="noopener noreferrer nofollow">$550,000 BTC ATH by 2030 Prediction Fuels Bitcoin Adoption as Analyst Shares 8 Trillion Market Cap Theory</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

$550,000 BTC ATH by 2030 Prediction Fuels Bitcoin Adoption as Analyst Shares 8 Trillion Market Cap Theory

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