Satis Group Research Forecasts Bitcoin at $144,000 by 2028
The overall cryptocurrency bear market has left many investors wondering how prices will play out in the long term. Using real-world data, research firm Satis Group has released its 10-year price forecast for the 10 leading cryptocurrencies. Satis Group released a new report that outlines the valuation of leading cryptocurrencies over the next decade. The report, dubbed “Cryptoasset Market Coverage Initiation: Valuation,” utilized several market factors–including quantity theory of money, multiples of network-specific metrics and discounted cash flow models–to estimate the future value of 10 leading digital assets. Satis proposes that Bitcoin will maintain its dominance as the world’s largest cryptocurrency by market capitalization and reach $143,900 in 10 years, a 1,941 percent increase in value from its current price.