Jan van Eck sees Bitcoin eventually going to $250,000 (2022)

Bitcoin will go to half the market cap of gold, or $250,000 a Bitcoin, but that could take decades.  It's hard to put a time frame on it.

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Bitcoin has a great future.  In 2017, I thought that the drawdown risk was 90%, which is dramatic.  I think that the maximum drawdown risk now is 50% or so.  That means it should have some floor around $30,000.

~ Jan van Eck, "A Bitcoin Bull's Bold Prediction," Barron's, June 11, 2022