Gold bug money manager Frank Holmes of US Global Investors lays out his volatility ranges for Bitcoin and Ethereum in 2021. He also explains how he believes Bitcoin’s value could evolve if its price reaches $300K-$400K.
0:00 Intro
0:36 What’s your perspective on Bitcoin’s latest rally to $40,000?
2:06 Why is Bitcoin and Ethereum’s volatility similar to Tesla’s?
3:53 Can Ethereum outpace Bitcoin in the next 3-4 years?
5:29 Can the Ethereum market differentiate itself from the Bitcoin market?
6:52 What will Bitcoin’s use case be after the next 3-4 years?
8:57 Bitcoin is a piece of art with a limited supply!
9:59 What highs do you expect Bitcoin to reach?
11:44 Is institutional money the main driver behind cryptocurrency price action?
13:29 How does your philosophy of looking at government policy changes apply to Bitcoin?
16:01 What government policy decisions regarding Bitcoin are you watching out for?
18:29 What’s your volatility range for Bitcoin over the next 12 months?
Get your Cointelegraph merch here:
Use this code for your 30% discount in our store: HODLERSDIGEST30
#Cointelegraph #Bitcoin #CryptoMarkets
Subscribe to Cointelegraph:
Follow COINTELEGRAPH:
Website:
Telegram:
Facebook:
Twitter:
Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.