How Bitcoin Gets to $100,000
Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.
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This episode is sponsored by Crypto.com and Nexo.io.
Related: Bitcoin's All-Time High Price Rally Is Sustainable. Analysts Explain Why
On this edition of The Breakdown’s Long Reads Sunday, NLW reads a recent piece by Hong Fang, CEO of OKCoin.
In it, Fang provides a set of valuation models and scenarios that plausibly lead to bitcoin achieving a significant $100,000 value over the course of 2021.
See also: Bitcoin at $318,000 Next December? One Citibank Exec Says It’s Possible
Related: 5 Reasons Why Bitcoin Just Hit an All-Time High Price
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.