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How Bitcoin Will Get To $2M Per Coin (Simple Math) | Gregg Foss
Bitcoin, and the crypto market at large, surged on Tuesday, February 28th, gaining $200 Billion in the past 12 hours, as reported by Forkast News. Bitcoin reached $44,198 before tracing down to US$43,193, at the time of writing. Ethereum is currently trading at $2,919.50. While the crypto community rejoices at the uptick in the market, the current price action is peanuts compared to what Bitcoin Bull Greg Foss sees long-term for bitcoin. In a 30-minute interview with Stansberry Research, Greg Foss explained his mathematics for what many consider to be ‘a very bullish, crazy’ price prediction for Bitcoin. Foss, who was a formally educated engineer but had an extremely successful career as a credit trader, looked at the overall market of all global assets, which he calculated to be about $900 Trillion. From there, he broke down how on the low end, based on probability, Bitcoin will at worst be $200,000, will most likely be $2 Million per coin, and on the higher-end, can reach $20 Million per coin.
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THIS INTERVIEW WAS POSTED ON FEBRUARY 28, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
Real Risks of the Banking System; When Credit Markets Get Sick, Equities Die | Stansberry Research
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