1814: “$850,000 ‘Eye Watering’ Bitcoin Price Target In Play”
Nov 10, 2024•36 min•Ep 1814•Transcript available on Metacast Episode description
Bitcoin just hit a new all-time high of $80,500 following the recent US Election Trump Pump with $850,000 BTC price now in play according to Tuur Demeester, editor-in-chief of the Bitcoin analysis firm Adamant Research, clarifies that parity with gold’s market cap will act as more of a “magnet” for investors: “Bitcoin? vs. Gold? – the ultimate store of value. [The] BTC/XAU chart suggests a target of a 130 to 1 ratio. So long horizon projections suggest $6,500 XAU & $850,000 BTC.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
