Bitcoin price will reach $ 250,000 within five years

Even though Bitcoin (BTC) is trading below $60,000 for now, the cryptocurrency is still targeting highervalues. This point of view on the air of the CNBC channel was expressed by the CEO of Morgan Creek Marco Yusko. In his opinion, BTC will be able to reach $ 250,000 within the next five years.

Until now, many investors still underestimate the potential of cryptocurrency. They are afraid to enter this asset, which prevents Bitcoin from returning to its upward dynamics.

Mass institutional adoption of BTC will contribute to a dramatic trend reversal.

Yusko said:

“It's all about expanding the network and increasing itapplication. It's a network, and networks are growing exponentially. It is the fastest growing network in the world to reach a trillion dollar value. It took FAANG companies 15-20 years to do this, depending on which one you consider. ", - he said.

By capitalization, bitcoin, at least, shouldequal to gold. If the value of all gold exceeds $ 4 trillion, then the BTC rate should be around $ 250,000 for the cryptocurrency capitalization to reach about the same level.

Regarding the topic of the crazy Dogecoin rally,Morgan Creek CEO stressed that this token has no real value. This is a common speculative tool that is pumping up against the news background. Ultimately, the coin will burst like a normal bubble, Yusko believes. The editorial staff of Mining-Cryptocurrency.ru has a similar opinion.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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