VanEck Predicts Bitcoin Could Reach $53.4 Million by 2050 Under Hyperbitcoinization
- Model Construction: VanEck employs a multi-scenario analysis predicting Bitcoin could reach $53.4 million by 2050, assuming it captures 20% of international trade settlement volume and 10% of U.S. GDP, positioning Bitcoin as a primary global reserve asset.
- Market Scale Analysis: This analysis is grounded in the context of global trade exceeding $32 trillion and U.S. GDP nearing $28 trillion, integrating Bitcoin's fixed supply of 21 million coins to provide a structured assessment of its long-term value proposition.
- Scenario Comparison: Under three scenarios, the bullish hyperbitcoinization scenario forecasts Bitcoin at $53.4 million, while the base case predicts $2.9 million and the bearish scenario $130,000, highlighting the significant impact of varying adoption trajectories on price.
- Economic Impact Assessment: Widespread Bitcoin adoption could reshape international trade settlement and monetary policy, potentially enhancing financial inclusion but also posing adaptation challenges for traditional financial institutions, thereby affecting global economic stability.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR) As of , Major (MAJOR) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0609 | 0.0686 | 0.0777 | 0.0854 | 0.0945 | 0.102 | 0.111 |
| Fibonacci | 0.0686 | 0.075 | 0.079 | 0.0854 | 0.0919 | 0.0958 | 0.102 |
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