Sygnum's head of investment research Katalin Tischhauser believes that Bitcoin's market capitalization could reach $20 billion if a strategic reserve is launched in the first cryptocurrency.
According to her, the influx of new capital will cause a rapid increase in the quotes of the first cryptocurrency, and this trend will continue for the next few years. The expert emphasized that the first and second billion dollars of inflow will mostly exhaust the existing demand, and the third and fourth will face a more limited supply, which will lead to a faster increase in price and growth of Bitcoin capitalization to $20 billion.
According to Katalin Tischhauser, the increase in demand for Bitcoin occurs in several directions at once, including governments, institutional investors, corporate treasuries and other structures.
In the long term, the value of the first cryptocurrency will grow, as will its acceptance among users, the expert emphasized.
In addition, the analyst drew attention to the growth of the market capitalization of stablecoins, since an increase in their circulating supply usually indicates that more and more investor funds are being directed to the cryptocurrency market.
