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Bitcoin News Alerts | Daily BTC News

889: ASSET MANAGEMENT GIANT VANECK SAYS BITCOIN CAN HIT $4.8 MILLION PER COIN AS A GLOBAL RESERVE ASSET!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 1 April 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. VanEck’s analysis found that the implied price for the king cryptocurrency ranged from $1.3 million to $4.8 million. The lower prediction was based on BTC as a monetary base (M0), which investment database Investopedia says includes all circulating supply of a currency and bank deposits but is not a common marker for economists to look at. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Discover Invictus and the new Invictus Victory Absolute by by raban visit us in store and shop online to discover more in today's show analyst debate bitcoin's next step after today's 45,500 retests and as crypto analyst income shark shares here four hour looks like it wants to correct a bit. This is not being

1:11.0

bearish. I'm just noticing three reasons why little correction makes sense. Super trend is going

1:16.1

flat. We probably will retest this breakout and we can bounce at the trend line. Good time for me

1:21.7

to take profits. And as shared here by BTC fuel, Bitcoin is looking amazing after being up 25% in the last two weeks

1:28.6

and breaking a major resistance. Some sideways consolidation should be good for Bitcoin. In the next

1:33.9

months, I believe that Bitcoin will move slow and steadily up like in 2012, but altcoins

1:38.8

will go nuts. And as Plan B shares here, Bitcoin March closed, $45,517.

1:46.0

And as pointed out hereby route, after surges, there are pullbacks, huddle, and make sure you're a part of the long-term trend.

1:52.0

Sage advice, including Dennis Miller.

1:54.3

In 10 years, anyone who bought and held Bitcoin under $100,000 will seem like a genius.

1:59.4

Be a genius.

2:00.3

Buy.

2:03.4

More Bitcoin. Touch. Also in today's show,

2:08.8

Michael Saylor says financial markets are not quite ready for Bitcoin bonds. That's right. In regards to El Salvador's Bitcoin bonds, he goes on to share, that's a hybrid sovereign debt instrument,

2:13.2

as opposed to a pure Bitcoin treasury play, that it has its own credit risk and has nothing

2:17.9

to do with the Bitcoin risk itself. Entirely, New York can issue $2 billion a debt and buy

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