Bitcoin‘s 18%, one-week price surge is peanuts compared to what’s coming, according to two influential crypto experts…
They’re expecting a much bigger rally…
Have a look at why BKCM Funds CEO Brian Kelly and venture capitalist Tim Draper – both renowned crypto authorities – are touting 3,000% gains by 2022…
“Bitcoin to the Moon” Will Mint Millionaires Worldwide
Yesterday (April 16), Kelly told CNBC‘s “Fast Money” that, though a $250,000 Bitcoin “sounds crazy,” it’s really not if you look at the cryptocurrency’s past movements.
“Think about it this way,” he said. “[2022 is] four years from now. That’s a 3,000% return from here – which, again, sounds crazy. But over the last few years, Bitcoin’s had a 4,000% return.”
Indeed, since April 2013, Bitcoin has risen 9,017%. And it’s gone up 580%, or $6,909, in the past year alone, even after the nasty fall from its December 2017 high of nearly $20,000.
Kelly’s $250,000 Bitcoin price forecast followed crypto guru and hedge fund manager Tom Draper’s, who made the same call at his cryptocurrency celebration, “Blockparty,” on April 13.
Draper has a knack for long-term Bitcoin predictions. He correctly pegged Bitcoin’s price way back 2014. That’s when the investor correctly predicted Bitcoin’s value would surpass $10,000 in 2017, from its then-value of under $320.
And sure enough, he was right.
“Millionaire-Maker”: A potential upgrade taking place behind the scenes could send the Bitcoin price to unprecedented highs. Few people even know about this game-changer. Click here to learn how you could make millions…
Money Morning‘s in-house Bitcoin aficionado, David G. Zeiler – who likewise agrees with both these crypto bulls’ forecast – understands why such a price could be achieved in the near future…
“Adoption will drive the price higher,” David says. “Right now, only a tiny fraction of the world’s population owns any Bitcoin. Adoption doesn’t need to increase by much to have a big impact.”
David would know a thing or two about profiting from Bitcoin’s surges. He “adopted” crypto investing in 2011, when he started mining the digital coin. The price range at that time wavered between $5 and $20, which means he’s seen peak gains of at least 95,925% on his initial investment in the years since.
And to David’s point, Brian Kelly noted that an increase of institutionalized crypto investments in particular – such as Rockefeller Capital Management, Goldman Sachs, and the Soros Fund Management – may very well act as volatility dampeners. This means that, as more reliable sources of income pour into Bitcoin, the more stable the coin’s value will be.
In turn, cryptocurrencies could quickly become as popular and useful as actual currencies. And once that’s achieved, it’s an easy ride to $250,000 and beyond.
And we know exactly what’s going to get those institutional investors on board.
Nobody’s talking about it yet, even though it is the single most important catalyst for Bitcoin right now. Investors looking to repeat Bitcoin’s already incredible gains can’t afford not to know about it.
Have a look…
See Why Bitcoin Is Far from Dead (and How It Could Make You a Millionaire)
At our recent “Bitcoin 20X Summit,” we uncovered information that left many folks stunned – and reevaluating everything they thought they knew about the crypto market.
You see, while Wall Street and Fortune 500 companies continue to badmouth Bitcoin, they’re diving headfirst into this craze… and we’d bet not one in 10,000 people knows the reason behind it.
Go here to see why Bitcoin’s not dead… and how it could make you millions.
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.To get full access to all Money Morning content, click here.
Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.