1378: “One Bitcoin Will Reach $1 Billion By This Date” - Fidelity

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 21 August 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

One Bitcoin may be equivalent to $1 billion by this specific date, according to Jurrien Timmer, Director of Global Macro at Fidelity. To support his forecast, the crypto analyst employed a combination of models and charts, with a particular focus on the stock-to-flow (S2F) model and his own demand model. These analytical tools formed the foundation of his primary BTC price prediction. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.6	In today's episode, Bitcoin price holds $26,000 as derivatives data hints at the end of this
0:35.5	volatility spike. We'll also be discussing the most
0:38.1	expensive and cheapest countries to mine Bitcoin, as well as breaking news, $2 billion investment
0:43.7	manager empowered files to launch three more Bitcoin Futures ETFs, Max Geiser's response, more.
0:50.5	Bitcoin Futures ETS will give Wall Street some leverage to suppress the Bitcoin price.
0:54.8	A Bitcoin spot price ETF would potentially bring a fresh $1 trillion into Bitcoin and to Wall
1:00.4	Street under direction of the Fed, which is trying to stop or at least delay that from happening.
1:05.8	We'll also be discussing the latest Bitcoin crash and the final breakout or fakeout before the mega expansion,
1:12.4	according to top crypto analysts, as well as Bitcoin price action is mirroring the moves
1:16.7	that preceded the parabolic surge in 2020, according to top crypto strategists, will also be
1:21.7	discussing that one Bitcoin can be worth $1 billion, according to Fidelity, one of the largest asset managers in the world,
1:30.0	which currently controls $10 trillion in assets under management.
1:34.2	And yes, this is the largest Bitcoin price prediction ever covered in crypto news alerts.
1:38.3	We'll also be taking a look at the overall crypto market, all this, plus so much more in today's show.
1:55.5	Yo, what's good crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my Rumble channel at Cryptonewsals.net. Again, that's CryptoNewsalerts.
2:03.7	com. Welcome to y'all just joining us. This is pod episode number 1300 and 78. I'm your host, JV, and today is
2:12.5	August 21st, 2023. Happy Monday. The week is over. It has been one hell of a week. We had over a billion
	...

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