Bitcoin Price Target $400,000 (Guggenheim)

In this video, I discuss Guggenheim's Scott Minerd and his price target of $400,000 for Bitcoin. An established investment professional like Minerd would never come out with such a crazy price target unless he was reasonably sure that it was possible.

The Winklevoss twins have a price target of at least $500,000 for Bitcoin, while Plan B's stock to flow models suggest that Bitcoin will hit anywhere from $100,000 to $288,000 this cycle, and will exceed $1 million after the 2024 halving.

Bitcoin is up over 225% in 2020, but I believe that this rocket ship is just getting started.

Not investment advice! Consult a financial advisor.

Guggenheim's Bitcoin price target:
https://www.bloomberg.com/news/articles/2020-12-16/guggenheim-s-scott-minerd-says-bitcoin-should-be-worth-400-000

Guggenheim Partners:
https://en.wikipedia.org/wiki/Guggenheim_Partners

https://en.wikipedia.org/wiki/Solomon_R._Guggenheim

Bitcoin heading to $300,000:
https://www.youtube.com/watch?v=807fdPCeHp8&ab_channel=TraderUniversity

Bitcoin Plan B stock to flow model:
https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12

Bitcoin stock to flow model chart:
https://digitalik.net/btc/

Winklevoss Bitcoin 500k price target:
https://winklevosscapital.com/the-case-for-500k-bitcoin/

Northern Trust getting into Bitcoin:
https://twitter.com/DTAPCAP/status/1339245812845596674

More investment firms enter Bitcoin:
https://www.bloomberg.com/news/articles/2020-12-16/bitcoin-whale-surfaces-with-1-billion-and-alan-howard-s-backing

https://www.coindesk.com/ruffer-confirms-744m-bitcoin-investment

Bitcoin rally could be even stronger this time around:
https://twitter.com/100trillionUSD/status/1339518094629343234/photo/1

Bitcoin's market cap in context:
https://pbs.twimg.com/media/EpbuDQUVoAEgQqA?format=jpg&name=medium

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

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https://www.trader.university/join
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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinNews


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