Could Bitcoin Deliver 10x Returns?

For the year, Bitcoin (CRYPTO: BTC) is still up 20%. That's the good news. The bad news is that Bitcoin has dropped back down to the $111,000 price level in August. As of August 28, it is down 5% over the past 30 days.Quite simply, this wasn't supposed to happen. At the beginning of the year, many analysts expected Bitcoin to double in value to hit $200,000 by the end of 2025. From there, Bitcoin would be on pace to deliver 10x returns to investors, eventually hitting a price of $1 million by the end of 2030.Bitcoin needs to deliver blistering returns, year in and year out, in order to hit the $1 million price point sometime in the near future. Fortunately, that's something that it has been able to do with stunning regularity over the past decade.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool