[코인리더스] Deutsche Bank Analyst “Bitcoin, the next two to three years will be a turning point…regulation is expected to become full-fledged”

The price of Bitcoin (BTC) doubled after starting the year at about $30,000 per BTC, and the entry of Wall Street and the interest of companies such as Tesla billionaire Elon Musk surged.

According to Marion Labore, an analyst at Deutsche Bank and an economist at Harvard University, “the next two or three years will be the turning point of Bitcoin.”

According to major foreign media such as Forbes on the 18th (local time), Marion Labou said in a recent report (Bitcoin’s current valuation is pricing in a shift toward cross-border digital currencies), “The market cap of Bitcoin (BTC) exceeded 1 trillion dollars. He stood up, and the possibility of continuous ascent is open, so it is no longer possible to ignore it,” he diagnosed.

He then predicted that “Bitcoin will be a leader in digital currency (cross borders), benefiting from the network effect and become an important payment method in the future.”

However, he predicted that “the bitcoin price will remain’hypervolatile”, and warned that “a few additional large-scale purchases or exits from the market could have a big impact on the supply-demand balance.”

In addition, he predicted that “Bitcoin cannot be ignored anymore, and central banks and governments in each country are aware of the existence of Bitcoin and digital currency.”

Meanwhile, he said, “The price of bitcoin has risen significantly due to the impact of the electric car maker Tesla’s purchase of about $1.5 billion worth of bitcoin last month,” he said. “Both Tesla and Bitcoin have followed a similar trajectory over the past year. “Bitcoin, like Tesla’s future debate, will continue to debate over the future and value over the next two or three years, so in order to live up to its reputation, we need to prove its value as a means of payment.”