VanEck Predicts Bitcoin Could Reach $2.9 Million by 2050
- VanEck projects Bitcoin could reach a valuation of $2.9 million by 2050, driven by its role as a global settlement asset and reserve holding for central banks.
- The firm models an annualized return of 15% over a 25-year horizon, focusing on structural adoption rather than short-term market cycles.
- Bitcoin is expected to settle between 5% and 10% of global trade and represent about 2.5% of central bank balance sheets by mid-century.
- VanEck suggests a strategic portfolio allocation of 1% to 3%, with higher risk-tolerant investors potentially allocating up to 20%.
- Historically, Bitcoin has shown low correlation to equities and bonds while maintaining an inverse relationship with the US dollar.
VanEck’s analysis highlights Bitcoin’s potential as a significant financial asset, projecting substantial long-term growth due to its increasing adoption in global trade and central bank reserves.
Source (3.2)https://cryptobriefing.com/vaneck-bitcoin-long-term-outlook-2050/?rand=59535