ONE BITCOIN MAY BE WORTH $1 BILLION - HERE'S WHEN, SAYS FIDELITY DIRECTOR OF GLOBAL MACRO!!!!!
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:
“Metcalfe’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 ‘fireworks’!
“Break above 50k = 58-60k to follow. Sitting above 200D MA which is now acting as support,” Pentoshi summarized to Twitter followers.
“What 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:
✔ Bitcoin Technical Analysis: https://bit.ly/3gZjzXD
✔ Shop*com Now Accepts BTC Payments: https://bit.ly/3teNi3u
✔ $180K Bitcoin Prediction: https://bit.ly/3mXzE3J
✔ $1B Bitcoin Prediction by Fidelity: https://bit.ly/3h13gtd
🔴 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.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #prediction #podcast #fidelity #ethereum #eth #ripple #xrp #cardano #ada #hodl #gold #invest #altcoins #defi #2021 #forex #investing
💳 Blockfi Bitcoin Rewards Credit Card: https://bit.ly/3eUm5NW
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:
“Metcalfe’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 ‘fireworks’!
“Break above 50k = 58-60k to follow. Sitting above 200D MA which is now acting as support,” Pentoshi summarized to Twitter followers.
“What 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.”
🔥 Daily Letter: http://letter.cryptonewsalerts.net
🔥 Blog / Podcast: http://cryptonewsyes.com
🔥 YouTube: http://cryptonewsalerts.net
🔥 Spotify: http://spotify.cryptonewsalerts.net
🔥 iTunes: http://itunes.cryptonewsalerts.net
🔥 Twitter: https://twitter.com/CryptoNewsYes
🔥 Facebook: http://fb.cryptonewsalerts.net
🔥 Telegram: http://telegram.cryptonewsalerts.net
🔥 TikTok: http://tiktok.cryptonewsalerts.net
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3gZjzXD
✔ Shop*com Now Accepts BTC Payments: https://bit.ly/3teNi3u
✔ $180K Bitcoin Prediction: https://bit.ly/3mXzE3J
✔ $1B Bitcoin Prediction by Fidelity: https://bit.ly/3h13gtd
🔴 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.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #prediction #podcast #fidelity #ethereum #eth #ripple #xrp #cardano #ada #hodl #gold #invest #altcoins #defi #2021 #forex #investing
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