According to a new research by the initial bid group, "Satis Group", the price of the Bitcoin (BTC) is likely to reach $ 98,000 in the next five years. The report, written by Sherwin Dowlat and Michael Hodapp, represents the fourth part of a five-part series of reports covering the space of encrypted digital currencies.

The report notes that in terms of upward trends in encrypted digital currencies over the next five years, the BTC will reach $ 96,000, and the XMR will reach $ 18,000, and the DCR will reach $ 535.

The price of the BCH is expected to fall to $ 268 after "trying to mark up brand recognition and provide a small technological advantage to existing operators." The assets of encrypted digital currencies, which have a central characteristic, will be of little value. Where the price of the XRP will drop to $ 0.01.

The research team expects that the Etherium network will lose about half of its share in 2028:

"While we recognize the strong community around the ETH network, the small gaps in design and governance (which we believe will lead to a conflict leading to future network upgrades, especially the move to PoS), which will expose the relatively low switching costs of overlapping networks ICO's and tokens). "

The latest study also expands on the assessment of the assets of the encrypted digital currency needed to support the expected economy and provides market case estimates for the next 10 years.

According to the report, the value of encryption devices needed to support the economy will increase from about $ 500 billion next year to $ 3.6 trillion by 2028, while 90% of the value of encoded digital assets will be extracted from the penetration of foreign deposits in the next ten years.

The report says that most of the basic value of supporting the cryptographic economy will come from storing value-use cases, while analysts believe that the greatest opportunity for encrypted digital currency assets will be valuable markets:

"At present, the vast majority of the total market value of the assets of encrypted digital currencies are kept in the traditional stores of value markets, with foreign deposits accounting for nearly 40% of the total. Despite the growth of the TAM (computing, storage, and lending), the necessary market value for the assets of the encrypted digital currencies needed to support the use of these economies lies only once they are tuned to the higher speed. As a result, the growth of the market capitalization of the encoded digital currency company is primarily due to increased value storage. "

Earlier this month, research from Sanford C. Bernstein & Co. suggested that revenue from encrypted digital currency exchange could double to $ 4 billion in 2018, while ICO's ICOR report for the second quarter of 2018 showed that the market ICO fell slightly compared to last year.

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