Bitcoin can make an impressive rally of 41,828%

Max Kaiser, an investor and cryptocurrency lawyer, compared investing in bitcoin BTC $61,930.00 Bitcoin 1.79% Market capitalization $1.22 trillion VOL. 24 hours $2.81 billion to an opportunity similar to buying Warren Buffett’s shares in March 1985, when they cost $ 1500 each. Since then, the value of Berkshire Hathaway’s Class A securities has risen to $ 629,000. According to Kaiser, bitcoin at its current value of $ 51,000 could potentially increase by 41,828%. If the main cryptocurrency experiences such a rapid growth, each coin will cost $ 21,586,534.

In this case, the market capitalization of the digital asset would be more than $ 454 trillion, a figure that would surpass the performance of large corporations. For comparison, Apple Inc. currently has a market capitalization of $ 2.82 trillion, making it one of the most valuable companies in the world. It is followed by Microsoft with $ 2 trillion, as well as Alphabet with $ 1.77 trillion and Amazon with $ 1.6 trillion, respectively.

Last week, Max Kaiser warned traders and investors about a possible major collapse in the US stock market. The investor wrote: «A 1987-style crash is coming. Bitcoin is the perfect safe haven and will soar above $ 500,000. The cryptocurrency will continue to demonize gold.»

Investment company ARK Invest also made a bold assumption about the possible growth of bitcoin to $ 2.3 million per coin. Such a development would require a significant shift in the distribution of global assets towards the main cryptocurrency.

ARK’s analysis shows that bitcoin is a powerful disruptor of the financial sector. With an impressive average annual return of 44% over 7 years, the cryptocurrency is outperforming traditional investments.