The post Bitcoin Price Prediction: BTC Price Poised To Hit $700K, Crypto Expert Reveals Timeline appeared first on Coinpedia Fintech News
Adam Back, a well-known expert in cryptocurrencies and one of the early supporters of Bitcoin, believes that Bitcoin could become more valuable than gold sooner than we thought. He suggests Bitcoin could hit $700,000 if it surpasses the gold market cap, which is currently hovering at $13.5 trillion.
Bitcoin’s To Flip Gold – $700K
Recently, Adam Back took to the X to shake up the Bitcoin community with a bold Bitcoin price prediction.
According to his prediction, Bitcoin will undoubtedly flip physical gold, and it might just happen sooner than we think, maybe during this Bitcoin halving cycle. Perhaps he thinks it might take just “a year or two.”
so maybe #bitcoin flips gold fast than the ~$700k/BTC would imply from ~$13.5 trillion market cap, if #bitcoin gets gold out-flows pulling gold down to meet in the middle. all good, just another
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