Millionaire Jeremie Davinci predicts Bitcoin price could reach $350,000
Expert new prediction
Bitcoin may rise to $350,000 in the future, according to early Bitcoin investor and cryptocurrency millionaire Jeremie Davinci. In a recent post on social media platform X, he highlighted a key factor that could drive this prediction, although he refrained from providing specific timeframes.
Davinci explained that during previous bull markets, Bitcoin’s price exceeded its mining cost by more than fivefold. He pointed out that currently, miners need approximately $70,000 to produce one Bitcoin, leveraging efficient equipment and access to inexpensive electricity.
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If this trend continues, the price of Bitcoin could reach $350,000 in the future. "Huge potential ahead!" he stated, emphasizing Bitcoin's prospects.
Who is Jeremie Davinci
Jeremie Davinci is one of the earliest adopters of Bitcoin, gaining recognition through his YouTube videos, where he shared insights into cryptocurrencies and investments.
In 2011, he created a now-famous video urging people to spend at least one dollar to purchase Bitcoin, predicting its significant growth in the future. Since then, Davinci has become a millionaire through early investments in Bitcoin and remains an active advocate for cryptocurrencies, sharing his experiences and forecasts across various platforms.
Meanwhile, CryptoQuant’s CEO predicts the longest bull market in cryptocurrency history.
