<h2>The former US hedge fund manager remains exceptionally bullish on the BTC / USD rate.</h2>Bitcoin (BTC) will exceed $ 12 million by 2031, suggested manager Robert Breedlove, who is the founder of cryptocurrency investment firm Parallax Digital. In his opinion, the oldest virtual currency has a great chance of recording a significant increase in the next decade, mainly due to the ongoing decline in the purchasing power of the US dollar. The BTC / USD exchange rate hovers slightly above USD 19,000 over the weekend.<h2>The falling purchasing power of the dollar will push up the BTC price, argues Robert Breedlove</h2>Breedlove's model places Bitcoin at $ 12.5 million by the end of 2031, which would then be equivalent to $ 1 million based on today's purchasing power. The American manager expressed his opinion on this matter during a podcast on Altcoin Daily.- Today I stand by this forecast. I am fully aware that the DXY [US dollar index] is at its 20-year highs recently, but I expect its value to become volatile at first and then collapse. If that happens, I have a BTC price prediction of $ 12.5 million per coin by 2031, Breedlove said in his speech.The American expert notes that the dollar is currently under the influence of hyperinflation and will potentially drop to zero by 2035. Moreover, Breedlove goes even further in its own predictions, suggesting that when the dollar hits the bottom close to zero, there will be no need to price <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/the-partnership-between-the-fed-and-crypto/">Bitcoin</a> in USD anymore.Interestingly, the sentiment of the former hedge fund manager emerges at a time when the dollar dominates most of the global fiat currencies. It is worth noting that the situation seems to be working in favor of Bitcoin as more and more investors are abandoning their local national currencies to invest in BTC and other cryptocurrencies. The oldest cryptocurrency has recorded an increase in trading volume in recent weeks, which culminated in $ 42.68 billion on September 29.<img src="https://cms.tytanid.com/uploads/Kurs_BTCUSD_na_interwale_dziennym_tradingview_79320af383.png" alt="Kurs-BTCUSD-na-interwale-dziennym-tradingview.png">Daily BTC/USD, TradingView

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<h2>Były amerykański zarządzający funduszem hedgingowym pozostaje wyjątkowo optymistyczny w kwestii kursu BTC/USD.</h2>Bitcoin (BTC) przekroczy 12 mln USD do 2031 r., zasugerował menedżer Robert Breedlove, który jest założycielem firmy inwestycyjnej Parallax Digital zajmującej się kryptowalutami. Jego zdaniem najstarsza wirtualna waluta ma duże szanse na odnotowanie znacznego wzrostu w ciągu najbliższej dekady, głównie ze względu na trwający spadek siły nabywczej dolara amerykańskiego. Kurs BTC/USD oscyluje w weekend nieco powyżej poziomu 19 000 USD.<h2>Spadająca siła nabywcza dolara spowoduje wzrost ceny BTC, argumentuje Robert Breedlove</h2>Model Breedlove'a umieszcza Bitcoina na poziomie 12,5 miliona dolarów do końca 2031 roku, co stanowiłoby wówczas równowartość 1 miliona dolarów w oparciu o dzisiejszą siłę nabywczą. Amerykański menedżer wyraził swoją opinię w tej sprawie podczas podcastu na Altcoin Daily.- Dziś podtrzymuję tę prognozę. Jestem w pełni świadomy, że DXY [indeks dolara amerykańskiego] osiągnął ostatnio swoje 20-letnie maksima, ale spodziewam się, że jego wartość stanie się najpierw zmienna, a następnie załamie się. Jeśli tak się stanie, przewiduję cenę BTC na poziomie 12,5 miliona dolarów za monetę do 2031 roku, powiedział Breedlove w swoim przemówieniu.Amerykański ekspert zauważa, że dolar znajduje się obecnie pod wpływem hiperinflacji i potencjalnie spadnie do zera do 2035 roku. Co więcej, Breedlove idzie jeszcze dalej w swoich przewidywaniach, sugerując, że gdy dolar osiągnie dno bliskie zeru, nie będzie już potrzeby wyceny <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/the-partnership-between-the-fed-and-crypto/">Bitcoina</a> w USD.Co ciekawe, sentyment byłego menedżera funduszu hedgingowego pojawia się w czasie, gdy dolar dominuje w większości globalnych walut fiducjarnych. Warto zauważyć, że sytuacja wydaje się działać na korzyść Bitcoina, ponieważ coraz więcej inwestorów porzuca swoje lokalne waluty krajowe, aby inwestować w BTC i inne kryptowaluty. Najstarsza kryptowaluta odnotowała w ostatnich tygodniach wzrost wolumenu obrotu, który 29 września osiągnął 42,68 mld USD.<img src="https://cms.tytanid.com/uploads/Kurs_BTCUSD_na_interwale_dziennym_tradingview_79320af383.png" alt="Kurs-BTCUSD-na-interwale-dziennym-tradingview.png">Dzienne notowania BTC/USD, TradingView

Przewiduje się, że Bitcoin osiągnie 12 milionów dolarów do 2031 roku

<h2>Бывший менеджер хедж-фонда США остается исключительно бычьим по отношению к курсу BTC / USD.</h2>Курс биткоина (BTC) превысит 12 миллионов долларов к 2031 году, предположил менеджер Роберт Бридлав, который является основателем криптовалютной инвестиционной компании Parallax Digital. По его мнению, старейшая виртуальная валюта имеет большие шансы зафиксировать значительный рост в следующем десятилетии, в основном из-за продолжающегося снижения покупательной способности доллара США. Курс BTC / USD в выходные дни парит чуть выше отметки 19 000 долларов США.<h2>Падение покупательной способности доллара приведет к росту цены BTC, утверждает Роберт Бридлав.</h2>Согласно модели Бридлава, к концу 2031 года биткоин будет стоить 12,5 млн долларов, что по сегодняшней покупательной способности будет эквивалентно 1 млн долларов. Американский управляющий высказал свое мнение по этому вопросу во время подкаста на Altcoin Daily.- Сегодня я поддерживаю этот прогноз. Я прекрасно понимаю, что DXY [индекс доллара США] находится на 20-летних максимумах в последнее время, но я ожидаю, что его стоимость сначала станет волатильной, а затем рухнет. Если это произойдет, то я прогнозирую цену BTC на уровне 12,5 миллионов долларов за монету к 2031 году", - сказал Бридлав в своем выступлении.Американский эксперт отмечает, что доллар в настоящее время находится под влиянием гиперинфляции и потенциально упадет до нуля к 2035 году. Более того, Бридлав идет еще дальше в своих прогнозах, предполагая, что когда доллар достигнет дна, близкого к нулю, больше не будет необходимости устанавливать цену <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/the-partnership-between-the-fed-and-crypto/">биткоина</a> в долларах США.Интересно, что настроения бывшего менеджера хедж-фонда появляются в то время, когда доллар доминирует над большинством мировых фиатных валют. Стоит отметить, что ситуация, похоже, работает в пользу Биткойна, поскольку все больше инвесторов отказываются от своих национальных валют, чтобы инвестировать в BTC и другие криптовалюты. Старейшая криптовалюта зафиксировала рост объема торгов в последние недели, который достиг $ 42,68 млрд 29 сентября.<img src="https://cms.tytanid.com/uploads/Kurs_BTCUSD_na_interwale_dziennym_tradingview_79320af383.png" alt="Kurs-BTCUSD-na-interwale-dziennym-tradingview.png">Ежедневно BTC/USD, TradingView

Прогнозируется, что к 2031 году биткоин достигнет $12 млн.

<h2>Der ehemalige US-Hedgefondsmanager bleibt außergewöhnlich optimistisch für den BTC/USD-Kurs.</h2>Bitcoin (BTC) wird bis 2031 12 Millionen Dollar überschreiten, schlug Manager Robert Breedlove vor, der Gründer der Kryptowährungs-Investmentfirma Parallax Digital ist. Seiner Meinung nach hat die älteste virtuelle Währung eine große Chance, in den nächsten zehn Jahren einen deutlichen Anstieg zu verzeichnen, vor allem aufgrund des anhaltenden Rückgangs der Kaufkraft des US-Dollars. Der BTC/USD-Wechselkurs bewegt sich am Wochenende leicht über 19.000 USD.<h2>Die sinkende Kaufkraft des Dollars wird den BTC-Preis in die Höhe treiben, argumentiert Robert Breedlove</h2>Breedloves Modell sieht den Bitcoin bis Ende 2031 bei 12,5 Millionen Dollar, was nach heutiger Kaufkraft 1 Million Dollar entsprechen würde. Der amerikanische Manager äußerte sich in einem Podcast auf Altcoin Daily zu diesem Thema.- Heute stehe ich zu dieser Prognose. Ich bin mir bewusst, dass der DXY [US-Dollar-Index] in letzter Zeit auf einem 20-Jahres-Hoch liegt, aber ich erwarte, dass sein Wert zunächst volatil wird und dann zusammenbricht. Wenn das passiert, habe ich eine BTC-Preisprognose von 12,5 Millionen Dollar pro Münze bis 2031, sagte Breedlove in seiner Rede.Der amerikanische Experte weist darauf hin, dass der Dollar derzeit unter dem Einfluss der Hyperinflation steht und bis 2035 möglicherweise auf Null fallen wird. Darüber hinaus geht Breedlove in seinen eigenen Vorhersagen sogar noch weiter, indem er andeutet, dass, wenn der Dollar die Talsohle in der Nähe von Null erreicht, es keine Notwendigkeit mehr geben wird, <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/the-partnership-between-the-fed-and-crypto/">Bitcoin</a> in USD zu bepreisen.Interessanterweise kommt die Meinung des ehemaligen Hedge-Fonds-Managers zu einer Zeit auf, in der der Dollar die meisten der globalen Fiat-Währungen dominiert. Es ist erwähnenswert, dass die Situation zugunsten von Bitcoin zu sein scheint, da immer mehr Investoren ihre nationalen Währungen aufgeben, um in BTC und andere Kryptowährungen zu investieren. Die älteste Kryptowährung hat in den letzten Wochen einen Anstieg des Handelsvolumens verzeichnet, der am 29. September mit 42,68 Milliarden Dollar seinen Höhepunkt erreichte.<img src="https://cms.tytanid.com/uploads/Kurs_BTCUSD_na_interwale_dziennym_tradingview_79320af383.png" alt="Kurs-BTCUSD-na-interwale-dziennym-tradingview.png">Täglich BTC/USD, TradingView

Bitcoin wird bis 2031 voraussichtlich 12 Millionen Dollar erreichen

Bitcoin Predicted to Reach $12 Million by 2031 

<h2>Considerable interest in non-fungible token technology has led to significant changes in the cryptocurrency sector.</h2>The broadly understood NFT market has been sending us subtle signals for some time that it is periodically trying to recover from the impact of the strong bear market that inevitably reached this sector. It is not difficult to quickly come to the conclusion that the prices of top tokens from key collections are still significantly away from the levels of the glory days, which ended around the first quarter of 2022. Despite this pessimistic fact, a certain change in the balance of power in this innovative sphere can be noticed. It is worth adding that so far, the Ethereum blockchain has been the network where non-fungible tokens were traded most frequently. In the end, however, Ethereum had to hand over the leadership position to its long-time competitor, Bitcoin.<h3>NFT trade is booming, but on a different blockchain</h3>Built, among others, by the popular programmer Vitalik Buterin, the Ethereum blockchain has for a long time been associated primarily with the fact that it is the cyberspace where by far the most non-fungible tokens (NFTs) are minted and where the highest trade rate in terms of turnover volume takes place.Recently, however, a revolutionary change took place, which led to BTC taking first place in terms of volume in the last 7 days.<h4>Latest data from the NFT market</h4>The latest data from the platform analyzing turnover volumes in the NFT sector shows that during the week Ethereum decreased by 3.72%, while tokens minted using the Ordinals protocol in the BTC network contributed to an increase by as much as 22.47 %, which led to this network ranking in first place.Finally, it is worth adding that the weekly volume here reached USD 101.3 million. In the case of the Ethereum protocol, it is USD 95.1 million. In third place, without any surprise, was Solana, which recorded a strong jump of 55% over the last week, and the trading volume of non-fungible tokens amounted to USD 66 million.

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Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

<h2>A financial company draws a positive forecast for one of the largest cryptocurrency projects</h2>The recent BTC price rally has sparked new enthusiasm in the world of digital currencies, and with it, increased interest in other cryptocurrencies. According to the forecasts of a widely recognized asset management company - VanEck - Solana (SOL) has a good chance of achieving noticeably better results than Ethereum (ETH) by 2024.<h3>Can Solana beat Ethereum?</h3>The spectacular increase in value by as much as 212% in just the last 60 days has resulted in Solana's share on the cryptocurrency market significantly increasing. Digital currency analysts also expect Solana's price oracle platform, Pyth, to likely overtake Chainlink in terms of total value secured (TVS) soon. It is worth adding here that despite Chainlink's current market dominance, analysts deeply believe that the innovative system architecture will make Pyth ultimately defeat its most serious rival.It is worth noting that Solana is currently trading at an average price of $73 per coin, and its price has increased by over 11% in just the last 24 hours. Moreover, there was also an additional increase in 24-hour trading volume to levels exceeding even USD 4.1 billion.Financial firm VanEck additionally forecasts that Ethereum will likely not reach a higher market capitalization than Bitcoin (BTC) until 2024. While Ethereum is likely to outperform other major tech stocks, Bitcoin's regulatory transparency and scale of energy efficiency are widely expected to attract interest from state-owned entities in Asia, Latin America, and the Middle East.Despite Ethereum's very decent results, according to the most common forecasts, it will probably lose market share to other smart contract platforms, such as Solana, whose main competitive advantage is that it can boast a much more reliable scalability schedule. Finally, it is impossible not to mention that Argentina is expected to join the countries sponsoring BTC mining at the state level. This would mean that Argentina would follow in the footsteps of countries such as the United Arab Emirates, El Salvador, Bhutan and Oman.

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Solana will beat Ethereum in some respects by 2024, according to VanEck

<h2>Cryptocurrency investors who expect the sector to decline suffer significant losses.</h2>According to data provided by the popular firm S3 Partners, short-term investors who focus on companies related to the oldest cryptocurrency suffered significant financial losses exceeding $6 billion in total by trying to short BTC in 2023. These losses were caused by a sudden but consistent reversal of the bearish trend on the Bitcoin chart , as well as the oldest cryptocurrency regaining key price levels.<h3>Traders have lost a fortune shorting Bitcoin-related companies</h3>Based on a report published by the analytical company S3 Partners, traders who at the beginning of 2023 adopted a bearish stance towards listed cryptocurrency companies such as Coinbase, Marathon Digital and MicroStrategy recorded losses of $6.05 billion.Due to the long-term increasing value of digital currencies, many investors taking short positions on shares of companies related to the crypto industry have made significant losses.In just the first three quarters of 2023, some short-term investors reduced their exposure to cryptocurrencies as the sector apparently rebounded. However, since Bitcoin's last low of $25.1K in September 2023, there has been a sustained and sharp increase in short selling totaling approximately $697 million as traders dramatically increased their exposure to what they perceived as an "overbought market." .In a sudden turnaround in the stock market, BTC experienced a significant increase in value and reached a new yearly high of over $44,300 on December 5 this year. This unexpected upward rally resulted in approximately $2.65 billion in losses for short-term investors.<h4>Strong increases in the value of BTC-related enterprises</h4>Undoubtedly, this year's increases in share prices of companies such as Coinbase and MicroStrategy may have been a challenge for many traders who were betting on shorting these shares. For the Brian Armstrong-led company, this year's 290% stock rally has resulted in losses estimated at about $3.5 billion for short-term traders. It is worth adding that this currently constitutes more than half of the total losses incurred in this way throughout 2023.Additionally, MicroStrategy's over 300% growth this year contributed to roughly $1.4 billion in losses for cryptocurrency traders. Despite the current strong growth in the market for digital currencies and related companies, some investors still decide to take short positions, most likely hoping that the upward rally will lose momentum at some point.

Bitcoin Predicted to Reach $12 Million by 2031

The former US hedge fund manager remains exceptionally bullish on the BTC / USD rate.

The falling purchasing power of the dollar will push up the BTC price, argues Robert Breedlove

Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall

Bitcoin Predicted to Reach $12 Million by 2031

The former US hedge fund manager remains exceptionally bullish on the BTC / USD rate.

The falling purchasing power of the dollar will push up the BTC price, argues Robert Breedlove

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Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall