Could Bitcoin Reach $2.9 Million by 2050? VanEck Analysis

VanEck, a major asset management firm, has published a report providing a long-term analysis of the cryptocurrency Bitcoin (BTC). The report forecasts Bitcoin's price under various scenarios. In the neutral base scenario, it is analyzed that by 2050, the price of 1 BTC could reach $2.9 million (approximately 460 million yen). As of January 14, the date this article was written, Bitcoin is trading in the $94,000 range. The report, titled 'Long-Term Capital Market Assumptions for Bitcoin,' was released on the 8th of this month and was authored by the head of the Digital Assets Research Division...