Wall Street Analyst: Buy Bitcoin before 2033 with a target price of $1 million
2026-08-31 18:05:05
According to CoinMeta, Wall Street analysts believe that investors should buy Bitcoin before 2033, with a target price of $1 million per coin. Although Bitcoin experienced a significant decline in 2023, falling below $60,000 at one point, analyst Gautam Chhugani believes that Bitcoin, as a scarce asset, remains an effective tool against the depreciation of the US dollar. The US national debt has exceeded $40 trillion, and rising yields on long-term bonds have increased economic pressure. Chhugani predicts that macroeconomic factors will drive institutional investors to pursue Bitcoin, which could reach $50,000 by 2029 and $1 million by 2033.
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Source:Internet
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