Bitcoin Forecast: Billionaire predicts $1.5 million per BTC

He is one of Mexico's richest men and very optimistic about the development of cryptocurrencies. Ricardo Salinas predicts the following price for Bitcoin and has invested a significant portion of his own wealth in the cryptocurrency. Bitcoin has recently come under significant pressure, and many investors fear a fall below the psychologically important $100,000 mark.

Well-known billionaire Ricardo Salinas, one of Mexico's richest men, doesn't seem to be panicking about the current pressure. On the contrary, he recently expressed his optimism about Bitcoin with a prediction. Specifically, he wrote on the social media platform X (formerly Twitter): "Bitcoin will increase at least 14-fold (equivalent to $1.516 million) to catch up with gold—and then it will outperform."

Bitcoin, also known as digital gold, is currently the eighth-largest asset in the world with a market cap of approximately $2 trillion. The precious metal, on the other hand, leads the rankings in first place with a market capitalization of $30 trillion. This isn't the first time experts have predicted that Bitcoin and gold will converge in price. Binance's CZ already suggested such a development at the end of last year, and in August, a study by JP Morgan called Bitcoin "undervalued" due to the sharp rise in the price of gold.

Salinas backs up his words with actions. True to the motto "Put your money where your mouth is," the billionaire holds 80 percent of his liquid assets in Bitcoin. The successful entrepreneur invested in the cryptocurrency when prices were as low as $200, and even then, he saw massive potential. Even today, he predicts further price increases for Bitcoin and expects a rise to $1 million sooner or later.

Incidentally, Salinas stays away from assets such as stocks or bonds, with the exception of his own corporate holdings. According to the billionaire, the remaining 20 percent of his portfolio is invested in gold, which, as mentioned, is often attributed similar attributes to Bitcoin. Billionaire Salinas is very bullish on both assets, even though he frequently expresses himself very optimistically on BTC.

Investors who are similarly optimistic now should not only look at Bitcoin itself, but also at a unique project that offers the potential to profit massively from the further development of the mother of all cryptocurrencies. Bitcoin Hyper is a unique BTC Layer II project whose goal is to integrate the Solana Virtual Machine (SVM) into the BTC ecosystem. This not only enables investors to make extremely fast and inexpensive transactions, but also creates an infrastructure that connects Bitcoin with Web 3 applications.

Given these unique advantages, the Bitcoin Hyper project is also very popular with investors. Within just a few weeks, the project has already raised more than $24 million, and the number is growing daily. Accordingly, investors only have a short time left to purchase tokens for $0.013155 before the price increases. Furthermore, Bitcoin Hyper also offers the option of staking tokens. The rewards here amount to a whopping 48 percent per year, although these could decrease as interest grows.

Go directly to the Bitcoin Hyper website!

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