Bitcoin to replace gold in next 10 years

17:43 - 9.12.2024


December 9, Fineko/abc.az. Brokerage firm Bernstein predicts that bitcoin will replace gold as the main "means of saving" over the next decade and will become an integral part of institutional and corporate finance.

ABC.AZ informs that according to company's report, bitcoin's growing role in institutional investment portfolios and corporate treasury bonds is seen as a sign that it should be considered as a key player in global financial ecosystems.

The research and brokerage company predicts that bitcoin will reach $200,000 by 2025, $500,000 by 2029 and $1 million by 2033. This forecast is based on the periodic dynamics of supply and demand.