Bitcoin has seen a resistance period inside the $12k mark in the recent time. It is however predicted that it will go on to hit the $28k mark.
The king crypto has proved to be profitable due to its growth for the investors and has maintained a stable run after surpassing the $10k mark. However, there has been some serious predictions about Bitcoin, with one coming from Anthony Pompliano who has said that Bitcoin’s market cap will exceed that of Gold by 31st December 2029.
His prediction comes on a recent Twitter post. Apart from this, he has been pretty active with his crypto analysis and has often written newsletters.
Responding to the tweet, Peter Schiff seemed to claim that the BTC market cap would have seriously shrunk by 2029.
Peter’s sentiments may be overshadowed by the fact that a lot of the previously stubborn gold bugs have been jumping ship of late. Some have even gone all in to commit sizeable fractions of their investment portfolios in the crypto space.