1413: “Bitcoin Will Rocket to $1 Billion” - Fidelity

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 26 September 2023

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The price of one Bitcoin may reach $1,000,000,000 according to $4.5 trillion asset management giant Fidelity. Jurrien Timmer, the director of Global Macro at Fidelity shares his forecast which employs a combination of BTC 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 $1 billion BTC price prediction. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:28.0	In today's show, Bitcoin analyst flag key Bitcoin price points as the bulls cling to $26,000.
0:34.9	In breaking news just in, Franklin Templeton, a one and a half trillion asset manager
0:40.1	filed the 19B4 for a spot Bitcoin ETF app officially starting the clock with the SEC.
0:46.4	Let's go. We'll also be discussing breaking news. J.P. Morgan's subsidiary Chase UK to restrict
0:52.8	crypto transactions. That's right, Chase Bank customers in the UK
0:57.3	will no longer be able to make crypto transactions starting October 16th. Now remember,
1:03.1	Jamie Diamond, who is the CEO of Chase, isn't selling. Jamie Diamond is most likely buying,
1:08.0	and Chase is probably doing the same. So let's not forget the past.
1:11.4	We'll also be discussing Gemini investing $24 million for the expansion in India. In fact,
1:17.2	they have added 70 new members to their staff. We'll also be discussing Bitcoin gains
1:22.4	legal recognition as a digital currency in Shanghai, China. That's right, a similar report from another Chinese court
1:28.4	in September recognized cryptos as virtual properties, protected by the law, will also be discussing
1:33.9	breaking news. Ben Bitboy Armstrong arrested on his live stream over a Lambo dispute. And in fact,
1:41.3	in his own testimony in today's video, he shared he caught two charges,
1:45.2	one for loitering and another for ultimately harassment, which is assault. And Max Kaiser
	...

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