FIDELITY: “Bitcoin Will Hit $1 Billion Per Coin By This Date”
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Jurrien Timmer, the Director of Global Macro at Fidelity, put forth the notion that Bitcoin has the potential to reach a value of $1 billion per coin by the year 2038. To support his BTC price forecast, Timmer 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 Bitcoin prediction.
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/5xkepfcj
✔ Court approves sale of FTX digital assets: https://tinyurl.com/57wjyvcn
✔ Tom Emmer Launches New Push Against CBDCs: https://tinyurl.com/y35wn5ch
✔ SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct: https://tinyurl.com/22cvejus
✔ Deutsche Bank partners to offer Bitcoin custody for institutions: https://tinyurl.com/2j2kwes7
✔ FIDELITY: “Bitcoin Will Hit $1 Billion Per Coin By This Date”: https://tinyurl.com/yfc547w5
🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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