BTC Hitting $2.9M by 2050? The Real Target Just Dropped 🤯
This is Macro Analysis territory. The tone must be profound and insightful, focusing on the long-term conviction shown by major players.
VanEck just dropped a massive long-term projection: $2.9 million for BTC by 2050, fueled by a steady 15% CAGR and its increasing role as a sovereign debt hedge 🧐.
Right now,
$BTC is hugging $90,500, defending that crucial $90K psychological floor while volatility crushes down—a classic precursor to explosive moves.
Institutional adoption is the bedrock here; public companies now hoard over 923,000 BTC, cementing its status as a true reserve asset.
While the immediate structure needs a clean break above $94K to target the $95K–$99K range, the underlying sentiment shows reduced profit-taking pressure. Smart money is building a base, not calling a top.
#BitcoinMacro #DigitalGold #LongTermPlay 🚀