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1023: Top Strategist at $1.3 Billion Crypto Fund Says Bitcoin Can Explode 2,273% - Here’s When!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1023: Top Strategist at $1.3 Billion Crypto Fund Says Bitcoin Can Explode 2,273% - Here’s When!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
26 minutes
Released:
Aug 20, 2022
Format:
Podcast episode
Description
The chief investment officer of crypto asset manager Bitwise Investments is unveiling his massive price target for Bitcoin despite the ongoing bear market.
In a new Stansberry Research interview, Bitwise executive Matt Hougan says that Bitcoin could rally by over 2,273% from its current price of $21,062 as he believes BTC will come close to gold’s market capitalization of more than $11 trillion.
“I think it’s perfectly rational to believe that Bitcoin could trade to half a million dollars over time. The way I picked that number out of the hat is if Bitcoin held as much wealth as is held in gold, it would be about half a million dollars a Bitcoin.”
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In a new Stansberry Research interview, Bitwise executive Matt Hougan says that Bitcoin could rally by over 2,273% from its current price of $21,062 as he believes BTC will come close to gold’s market capitalization of more than $11 trillion.
“I think it’s perfectly rational to believe that Bitcoin could trade to half a million dollars over time. The way I picked that number out of the hat is if Bitcoin held as much wealth as is held in gold, it would be about half a million dollars a Bitcoin.”
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Released:
Aug 20, 2022
Format:
Podcast episode
Titles in the series (100)
626: BITCOIN TO SKYROCKET 100X THE PRICE OF GOLD, SAYS TOP BLOOMBERG ANALYST!! $380K MASSIVE BTC ASCENT!!: Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, believes the Bitcoin price could shoot past the price of an ounce of gold – by around 100 times. In the July 2021 edition of the monthly cryptocurrency newsletter 'Bloomberg... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News