Why Do Some Experts Say Bitcoin Will Reach $1,000,000 Per Coin By The End Of 2020?

This is the price of Bitcoin today

Taking into account that all gold in the world is worth $6.3 trillion, all money$24.6 trillion, stock markets $63 trillion, a global crypto market cap between $27.2trillion and $67.5trillion is not unrealistic.
That is if course, only if crypto actually replaces FIAT.

So, let’s say that crypto grows by 250x from today $200B to $50T. Since Bitcoin makes up 50% of all crypto, that would mean that Bitcoin goes from $9,835.17 currently to $1,600,000. That’s the best case scenario. It can be much less than that of course, because Bitcoin will probably lose market share to other good coins soon.

Also, when one cryptocurrency manages to gain mass adoption, Bitcoin could decline by 98% within 3 years quickly. No one knows.

I think Bitcoin will find its maximum at $70,000-$100,000 within the next year since all bull runs make 17x return on Bitcoin on average. Then, the 70% crash will come, like with all bull runs on average back to $21,000- $30,000 and then it will probably stay between $20,000 and $40,000 for a few years.

The way it looks right now, bitcoin is just growings. Though, anything can happen later, but we believe by the end of 2020 there might be sporadic increase of the price of Bitcoin