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Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became effective early this week. Guggenheim’s Scott Minerd Says Bitcoin’s Price Could … Read more
Bitcoin price hitting $100,000 to $200,000 in the next 12 months is becoming a quite common, if not “conservative,” prediction. Go to Source Powered by WPeMatico
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says Bitcoin is heading to $50,000 in 2021. Go to Source Powered by WPeMatico
Bitcoin price has multiplied by over four times since its March lows and is up 156% year-to-date. Go to Source Powered by WPeMatico
An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global financial services firm specializing in institutional trading, investment banking, … Read more
Bitcoin can pass its $20,000 all-time highs within weeks, says Alex Saunders, while Ether only needs a year to beat its own record. Go to Source Powered by WPeMatico
Macro strategist Raoul Pal says the price of bitcoin will reach $1 million in five years. He attributes the price increase to adoption by large pools of investors and the “enormous wall of money” coming into bitcoin, rather than because “the world is collapsing.” $1 Million Bitcoin in 5 Years Former hedge fund manager Raoul … Read more
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to any specific country, such as bitcoin. 2020: Breakout Year … Read more
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation. Fed Officially … Read more
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s Bitcoin Prediction Galaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and gold have more room … Read more
