Michaël Van De Poppe…Bitcoin To Hit $300,000 This Cycle…?
$300,000 you say…? Well…could very well be.
Crypto Analyst Michaël van de Poppe Says Bitcoin Could Hit $300,000 This Cycle
“Van de Poppe hypothesizes that should Bitcoin rise on the back of growing adoption and awareness, $300,000 is a reasonable target.
‘The overall dot-com bubble, which is comparable to the bubble we might be facing with blockchain, which is the adoption start and just the awareness that’s going to be bigger for DeFi (decentralized finance), for ecosystems. The dot-com bubble was between $10 – $12 trillion. If you just for hypothetical reasons put Bitcoin at a dominance of 40% – 50%, let’s say 50%, and you have $12 trillion, Bitcoin is already going to be high in the $200,000, as just a conservative target…
Bitcoin at $300,000 in some years from now would not be weird if you compare it to the dot-com hype and the cycle we had back then.”