891: HERE’S WHAT WILL IGNITE A BITCOIN ERUPTION TO $58K AND HOW BITCOIN CAN EXPLODE BY OVER 10,000%!!
04/04/22 • 25 min
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A closely followed cryptocurrency analyst and trader is unveiling what he believes will propel Bitcoin to his target of $58,000 per BTC.
Also global investment giant VanEck is predicting Bitcoin could surge by over 100X as hard currencies become less attractive reserve assets.
“The implied price of Bitcoin using the same aggregate M0 that we used for gold is around $1,300,000 per coin.
The implied price of Bitcoin using global M2 is $4,800,000 per coin.”
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A closely followed cryptocurrency analyst and trader is unveiling what he believes will propel Bitcoin to his target of $58,000 per BTC.
Also global investment giant VanEck is predicting Bitcoin could surge by over 100X as hard currencies become less attractive reserve assets.
“The implied price of Bitcoin using the same aggregate M0 that we used for gold is around $1,300,000 per coin.
The implied price of Bitcoin using global M2 is $4,800,000 per coin.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Previous Episode
890: HERE’S HOW BITCOIN CAN HIT $1.3 MILLION PER COIN ACCORDING TO ASSET MANAGER VANECK!!
The long-term outlook remains incredibly bullish for Bitcoin enthusiasts, including VanEck. The ETF and Mutual Fund Manager predicts the king cryptocurrency (BTC) reaching between $1.3 million - $4.8 million if it becomes the global reserve asset.
"Asset manager Van Eck says the Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset." - Mike Alfred
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Next Episode
892: BITCOIN ABOUT TO BREAK ALL-TIME HIGHS QUICKER THAN CRYPTO TRADERS THINK, $200K RALLY BY END OF YEAR!
Crypto analyst and DataDash host Nicholas Merten says the king crypto (Bitcoin) will hit new all-time highs sooner than most traders think and end the year between the $150,000 - $200,000 range.
“What we generally see here, as we’ve had drawn on the chart for some time, is that after we go through this May rally, even if we get a slight pullback here in the middle of the month, we would still continue higher here, get well up here towards around $75-90k for Bitcoin’s price, come down and make that support, and going from August or Septemeber, really starting to charter into November and December, up towards around $150-$200k.”
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