[Wall Street Titans Say: $500,000 Is Just the Midpoint for Bitcoin]
VanEck, which manages trillions, just weighed in: Bitcoin is in the early stages of a bull market. The mid-term target is to match half of gold’s market cap—about $500,000; if it gains a foothold in global energy trade, then by 2050 they’re looking at $3 million.
They also made two key points: the correlation between Bitcoin and gold has reached a multi-year high, and ETF institutional fund inflows have continued steadily. As for the threat from quantum computing, their exact words were—this does not constitute a reason to sell.
When titans start pricing Bitcoin in gold terms, the ruler for this game changes. #BTC $BTC #比特币冲击8.7万美元遇阻回落
VanEck, which manages trillions, just weighed in: Bitcoin is in the early stages of a bull market. The mid-term target is to match half of gold’s market cap—about $500,000; if it gains a foothold in global energy trade, then by 2050 they’re looking at $3 million.
They also made two key points: the correlation between Bitcoin and gold has reached a multi-year high, and ETF institutional fund inflows have continued steadily. As for the threat from quantum computing, their exact words were—this does not constitute a reason to sell.
When titans start pricing Bitcoin in gold terms, the ruler for this game changes. #BTC $BTC #比特币冲击8.7万美元遇阻回落
