ONE BITCOIN MAY BE WORTH $1 BILLION - HERE'S WHEN, SAYS FIDELITY DIRECTOR OF GLOBAL MACRO!!!!!

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Published at : September 09, 2021

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Jurrien Timmer, Director of Global Macro at Fidelity forecasts Bitcoin to reach $1 billion per BTC in two decades from now, shortly after an earlier $100 million BTC price prediction for 2035.

Timmer backed up his assertion with a 4-hour BTC/USD chart that combined the stock-to-flow model with his demand model. In Timmer’s words:

β€œMetcalfe’s Law holds that, as the number of its users grows linearly, a network’s value (or, by inference, the bitcoin price) grows geometrically.”

In other trending Bitcoin News today: Bitcoin bull run sparks $180K BTC price prediction ahead of institutional β€˜fireworks’!

β€œBreak above 50k = 58-60k to follow. Sitting above 200D MA which is now acting as support,” Pentoshi summarized to Twitter followers.

β€œWhat is your price discovery plan? Above those Highs 3x seems reasonable which is around 180k. You don’t go make new ath’s for 10% gains. Verge of breaking out into that last range.”

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Show Notes / News Resources:
βœ” Bitcoin Technical Analysis: https://bit.ly/3gZjzXD
βœ” Shop*com Now Accepts BTC Payments: https://bit.ly/3teNi3u
βœ” $180K Bitcoin Prediction: https://bit.ly/3mXzE3J
βœ” $1B Bitcoin Prediction by Fidelity: https://bit.ly/3h13gtd

πŸ”΄ 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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