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443: SKYBRIDGE CAPITAL TARGETING $535K BITCOIN PRICE!! JP MORGAN SAYS BTC COULD HIT $146K LONG-TERM!!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
English - January 05, 2021 16:44 - 17 minutes - 16.8 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
New York City global Investment firm Skybridge Capital which has $9 Billion in assets under management just published their investment deck targeting a $535,000 Bitcoin price.
In their latest report they compare the market capitalization of BTC VS. Gold, sharing the following:
"The total market cap for gold is $10 trillion vs $500 billion for Bitcoin. If Bitcoin achieves the same market capitalization of gold, the price per Bitcoin will be $535,000."
"Bitcoin has gone from a white paper in 2008 to the dominant digital asset with a market capitalization of over $500 billion.
Bitcoin’s growth and adoption rate has been significantly faster than mobile phones, the Internet, and “virtual banking” (ie PayPal)."
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