Bitcoin and cryptocurrencies in general still cause some people discomfort. However, this technology still has a lot of time to continue to grow and progress and there are experts who make sure that this happens on a daily basis.

According to a recent study conducted by the research company Satis Group, Bitcoin could reach $ 98,000 over the next five years. But, the numbers shared was what surprised many people. The report states that in the next five years.

The report written by Sherwin Dowlat, a researcher in the area of cryptocurrencies, gives an analysis of the crypto assets market. Thus, it says that, in general, there is a trend of high growth in the digital currency sector.

But, the numbers shared was what surprised many people. The report states that in the next five years Bitcoin is expected to hit $ 98,000, Monero (XMR) will hit $ 18,000 and Decred (DCR) at $ 535.

On the other hand, the report predicts that Bitcoin Cash, Bitcoin's hard fork, is expected to fall to $ 268, after still trying to achieve some recognition. However, it will not represent a great technological advantage.

In addition, the team of experts behind the study believes that the Ethereum platform is expected to suffer heavy losses in the coming years and should be visible from 2028. Despite the strong community behind Ethereum, there are minor flaws in the design and management of the platform.

Finally, the study also makes predictions about market growth over the next ten years. According to the report released, the value of the cryptocurrencies needed to support this economy is expected to grow from approximately $ 500 billion next year to $ 3.6 billion by 2028.

Overall, analysts believe the growth of the cryptocurrencies market is still very early and that in the coming years we must witness a great growth. Although it is only a study, we realize that much more is still going to happen in this exciting world of digital currencies.

Robson Muniz