According to an article on Cointelegraph, Ryan Selkis, CEO of Messari stated his opinion on a conservative estimate of bitcoins valuation. He backed it up saying that millennials will be receiving inheritance from parents in the coming years and that if even 1% of the money goes into crypto we could see bitcoin being valued as a trillion dollar asset.
Read the article here:
https://www.altcoinbuzz.io/crypto-news/spotlight/btc-might-be-worth-50-k-here-is-why/
Bitcoin's potential to make people wealthy is grossly misunderstood by most people. Bitcoin will most likely have an exponential increase again and with FOMO on the minds of many investors this will only rapidly accelerate.
Bitcoin just as a store of value is very promising let alone it's opportunity to make people wealthy.
None of this is investment advice and if you're going to invest in bitcoin or other crypto make sure you fully understand what you're doing to keep your money safe. Crypto is a volatile space and anything can happen.
Thank you for reading! HODL!