30.10.2023
The case for $100k bitcoin
In October 2008, Satoshi Nakamoto introduced the world to the concept of Bitcoin, a peer-to-peer electronic cash system. Since then, Bitcoin has led the charge in the digital asset revolution, spawning a diverse array of cryptocurrencies, each with its own unique use cases.
At Swissblock Technologies (SBT), we recognized the potential early, acquiring our first Bitcoin tokens in 2014. We are convinced that cryptocurrencies are here to stay and are dedicated to understanding the factors behind their success.
Our inaugural SBT report, dated August 2020, delves into the enduring appeal of Bitcoin, which remains the bellwether for the entire crypto ecosystem. Bitcoin's resilience, institutional infrastructure, and unrivaled security have allowed it to maintain its position as the market leader.
In this 2020 report, we predict that Bitcoin reaching $100,000 within the next five years is not just a dream but a plausible reality. Despite the inevitable volatility, savvy investors can manage risk and capitalize on market fluctuations using tools like the Compass (and many new proprietary metrics Swissblock has developed since publication).
But our report isn't just about Bitcoin; it's about the entire digital asset landscape. We'll explore emerging crypto projects, assess DeFi's potential, and reveal how digital assets can complement traditional investment portfolios.
Full report here
