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Bitcoin trader and analyst Willy Woo says a growing BTC supply crisis will launch the leading cryptocurrency towards a multi-trillion dollar evaluation.
As the market runs out of Bitcoin and institutional investors continue to learn of its benefits, Woo expects the market cap to balloon and well surpass that of gold, with the price of a single BTC surpassing the $2 million mark.
“Once you get a glimpse of something that’s easy to access like Bitcoin without the trouble of holding assets like real estate, it’s going to take a big chunk out of that. There’s no way Bitcoin is going to stop at the market cap of gold, which is $10 trillion, it’s going to go a lot higher, which means that we’re going to be going into the millions of dollars per coin, which is hard to believe right now but if you look at the sheer fundamentals and stretch it off over the long term, that’s how cheap Bitcoin is today.”
In other trending Bitcoin News today:
“Paris Hilton Is “Very, Very Excited” About Bitcoin”
Socialite-turned-business-mogul Paris Hilton has come out as a Bitcoiner during her recent interview on the Thursday broadcast of CNBC’s “Closing Bell.”
Hilton claims that she’s “very, very excited” about Bitcoin, adding that it’s definitely the future. Max Keiser & Stacy Herbert of the Keiser Report spoke with Paris Hilton extensively about Bitcoin at a Soho, NYC party on 9/15/18.
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Show Notes / News Resources:
– $2M Bitcoin Prediction: https://bit.ly/3cKHLva
– Bitcoin Bubble or a Drop In The Ocean?: https://bit.ly/3cKC9kn
– Ethereum Analysis: https://bit.ly/3sN6BAd
– Paris Hilton Bitcoin: https://bit.ly/2OoGtwA
DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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