RATE Group | Bitcoin liftoff to $350,000 in motion – Kraken Intelligence
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Bitcoin liftoff to $350,000 in motion – Kraken Intelligence

26 Mar Bitcoin liftoff to $350,000 in motion – Kraken Intelligence

Posted at 13:31h in Cryptocurrency News by

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  • Bitcoin set for a roll-up to $350,000 but it will take 24 years to achieve these levels according to a report by Kraken Intelligence.
  • The United States is over the next decades experience the largest wealth transfer in history: Baby Boomers to Generation X and the Millennials.

Researchers at Kraken exchange have released a report that majestically places Bitcoin price at $350,000. However, the journey to the ‘moon’ will not take place in a fortnight but over a long period of time – allowing the transfer of trillions of dollars from one generation to the next.

The great wealth transfer

Kraken Intelligence team says that the coming decades will experience a significant wealth transfer in the history of the United States. The ‘Baby Boom’ generation is expected to pass on its wealth to two generations; ‘Generation X’ and the ‘Millennials’ mainly in the US. As the wealth transfer materializes, a shift in investment trends is envisioned and…

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