Bitcoin will take away 50% of the market share in gold, reaching $ 250,000

According to the head of the investment company BKCM, Brian Kelly, in the coming years we will see how the capitalization of Bitcoinwill grow rapidly. The total value of the largest digital currency will be approximately half the capitalization of gold.

Kelly expressed this view on CNBC. Together with him in the transfer of Fast Money participated Fundstrat analyst Tom Lee. Experts discussed bitcoin prospects in the studio.

They paid special attention to the discussionforecast by Tim Draper. Let’s remember that this financier said that in two years the BTC rate will reach $250,000. Tom Lee doubted the coin’s rapid rise, but admitted that by 2025 BTC will actually be able to test such maximum values.

Could #bitcoin hit $250,000 in the next two years? @BKBrianKelly and @fundstrat‘s Tom Lee help us break down longtime venture capitalist Tim Draper’s bold call. pic.twitter.com/dGW4nJL86f

— CNBC's Fast Money (@CNBCFastMoney) December 20, 2019

Brian Kelly is also optimistic. He drew attention to the fact that since 2013, bitcoin has been growing fundamentally, and apparently this trend will continue in the long term.

If the price of a coin will fluctuate within $ 200000 - 250 000, then the cryptocurrency capitalization will reach 50% of the total value of gold. In dollar terms, BTC capitalization will increase to $ 4-4.5 trillion.

Kelly emphasized:

«I'm sure Tim Draper thinks, and I share his views, that Bitcoin is going to take market share from gold.»

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