Hedge Fund Executives: Bitcoin Not Hard To Reach $ 100,000 A Year

11月
24
2020-11-24 14:42
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According to a Reuters report from Nov. 24, Brian Estes, CEO and founder of hedge fund Off Chain Capital, said it would be difficult to go from $ 18,000 to $ 100,000 a year. He said he sees Bitcoin increasing 10x, 20x, and 30x per year. So a 5x gain is not a big deal. Estes uses a model that measures the scarcity of commodities such as gold as a commodity to flow and estimates that by the end of 2021 Bitcoin will reach between US $ 100,000 and US $ 288,000, with for this model and Bitcoin costs 94%.

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2020-11-24 14:40

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