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Category: price forecast
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Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
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Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold
Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval from the U.S. Securities and Exchange Commission (SEC) to start […]
The post Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold appeared first on Bitcoin News.
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‘I Don’t See What’s Going to Stop Bitcoin From Appreciating,’ Says Commodity Analyst
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist also shares his view on how the November presidential election could affect the price of bitcoin. Bitcoin Will Keep on […]
The post ‘I Don’t See What’s Going to Stop Bitcoin From Appreciating,’ Says Commodity Analyst appeared first on Bitcoin News.
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