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Renowned personal finance author Ric Edelman has made a bold Bitcoin prediction, forecasting a 350% surge in BTC’s value within five years. He attributes this growth to accelerating adoption and institutional interest, which he believes will stabilize price volatility.
- Edelman predicts Bitcoin will surge to $500,000 by 2030, driven by institutional adoption and portfolio diversification.
- He believes extreme price drops (70-80%) are unlikely due to smart money entering the market during corrections.
- Edelman's $500K forecast assumes just 1% of global assets ($800T) flow into Bitcoin, totaling $8 trillion.
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