According to the founder of Adamant Capital investment fund Tuur Demestra, bitcoin could approach $600,000 by 2026.
Now the cryptocurrency is trying to stay above $50,000 and is consolidating for a new spurt. Tuur Demestre pointed to a wide range between $200,000 and $600,000.
BTC minimum will rise to $200,000, and as a maximum will be able to show more impressive growth.
Macroeconomic factors will drive up the value of the leading digital currency.
Demester does not share the view of those analysts who believe that bitcoin will grow due to the entry of institutional capital.
He believes that retail traders will be the main contributors to the bull season. It is they who will help the cryptocurrency to renew its historical maximum.