How Bitcoin Will Hit $7 Billion Per Coin” - Peter Dunworth
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Crypto investing veteran, Peter Dunworth, says Bitcoin should be worth at least $7 Billion dollars per coin. In an exclusive new interview with Peter McCormack on the What Bitcoin Did podcast he breaks down the math of how he thinks this is possible. “The first valuation framework is simple in that there’s $6.3 trillion of global trade that happens on a daily basis, and if you divide $6.3 trillion by the 900 BTC that are minted on the day you get to $7 billion a coin.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/343sf8nc
✔ Inactive BTC supply hits all-time highs: https://tinyurl.com/3jpcf36v
✔ Grayscale files for new Ether futures ETF: https://tinyurl.com/2urw7umr
✔ Bitcoin Ordinals Update: https://tinyurl.com/3euemzr7
✔ Setup for Bitcoin (BTC) Becoming ‘Increasingly Favorable’: https://tinyurl.com/2p97um5h
✔ How Bitcoin Will Hit $7 Billion Per Coin” - Peter Dunworth: https://tinyurl.com/29cmj925
🔴 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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