RE:Kitco saysI have seen these wild forecasts before just a repeat of the buying freezy a few years ago. I think bitcoin will go up but its going to be a steady climb with a peak 4 years from now with the next halving. If you look at the history of bitcoin 6-8 months after halving it jumps much higher. Realistically in 4 years time a more realistic price would be double where we are now so roughly $50,000 per token. What is unknown if banks, large mutual funds, ETFs etc. start building a 5% position it will move much higher. Too me the unknown factor is Facebook's Libre which would negatively affect the price of bitcoin.
Right now I am adding ethereum which I think will appreciate more in the coming weeks/months. Ethereum price is roughly 60% off its all times high so there is still lots of room to run. Additionally, ethereum 2.0 is in the works with full completion in 2023 which will drive this crypto higher.
Just my two cents, cheers Charlie.