In this video, I discuss Guggenheim’s Scott Minerd and his price target of $400,000 for Bitcoin. An established investment professional like Minerd would never come out with such a crazy price target unless he was reasonably sure that it was possible.
The Winklevoss twins have a price target of at least $500,000 for Bitcoin, while Plan B’s stock to flow models suggest that Bitcoin will hit anywhere from $100,000 to $288,000 this cycle, and will exceed $1 million after the 2024 halving.
Bitcoin is up over 225% in 2020, but I believe that this rocket ship is just getting started.
Not investment advice! Consult a financial advisor.
Guggenheim’s Bitcoin price target:
Bitcoin heading to $300,000:
Bitcoin Plan B stock to flow model:
View at Medium.com
Bitcoin stock to flow model chart:
Winklevoss Bitcoin 500k price target:
Northern Trust getting into Bitcoin:
Never thought I would see even more bullish news than the MassM #Bitcoin purchase…
…but the most staid and traditional Northern Trust will become a custodian for cryptocurrency!
$13 trillion in assets under custody, $1.3 trillion under mgmt.
— Dan Tapiero (@DTAPCAP) December 16, 2020
More investment firms enter Bitcoin:
Bitcoin rally could be even stronger this time around:
Bitcoin’s market cap in context:
My favorite Bitcoin dashboard:
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