Jeremie Davinci Predicts Bitcoin Price Could Reach $350,000: Realistic or a Pipe Dream?

Quick Summary:

Jeremie Davinci, a cryptocurrency influencer and one of the earliest adopters of Bitcoin, has recently shared a prediction about the future price of the leading crypto.

According to Davinci, Bitcoin price could soar to $350,000, though he did not specify a timeline for this forecast.

Currently, the estimated cost to mine one Bitcoin stands at $70,000, considering the expenses incurred by miners using advanced equipment and low-cost energy sources.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: India

Topics: Bitcoin Mining Bitcoin News Bitcoin (BTC) Price Crypto Market 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-11 @ 20:31:18 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 597 words

Reading Time: 4 minutes read

Sentences: 48 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25069080

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