“$850,000 ‘Eye Watering’ Bitcoin Price Target In Play”

Bitcoin just hit a new all-time high of $80,500 following the recent US Election Trump Pump with $850,000 BTC price now in play according to Tuur Demeester, editor-in-chief of the Bitcoin analysis firm Adamant Research, clarifies that parity with gold’s market cap will act as more of a “magnet” for investors: “Bitcoin? vs. Gold? – the ultimate store of value. [The] BTC/XAU chart suggests a target of a 130 to 1 ratio. So long horizon projections suggest $6,500 XAU & $850,000 BTC.”

Bitcoin just hit a new all-time high of $80,500 following the recent US Election Trump Pump with $850,000 BTC price now in play according to Tuur Demeester, editor-in-chief of the Bitcoin analysis firm Adamant Research, clarifies that parity with gold’s market cap will act as more of a “magnet” for investors: “Bitcoin? vs. Gold? – the ultimate store of value. [The] BTC/XAU chart suggests a target of a 130 to 1 ratio. So long horizon projections suggest $6,500 XAU & $850,000 BTC.”

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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://tinyurl.com/ye28ma4f
✔ Ethereum hits $3.2K, surpassing Bank of America market cap: https://tinyurl.com/45re6p5a
✔ ‘Most Pro-Crypto Congress Ever’: https://tinyurl.com/537xcepp
✔ BlackRock’s Bitcoin ETF AUM Surpasses Gold: https://tinyurl.com/4sb82z89
✔ Bitcoin Stock-to-Flow Model Back on Track, Predicts $500K Per BTC: PlanB: https://tinyurl.com/3ewhxe57
✔ “$850,000 ‘Eye Watering’ Bitcoin Price Target In Play”: https://tinyurl.com/9n9z23jf

🔴 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptoNewsAlerts. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.