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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.

Diperbarui 14 Sep 2021, 10.36 a.m. Diterbitkan 29 Nov 2020, 2.00 p.m. Diterjemahkan oleh AI
Breakdown 11.29 bitcoin $100K

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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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

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Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

Yang perlu diketahui:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.