Hedgeye: This Model Predicts Bitcoin at $1,000,000

Analysts at Hedgeye Risk Management, an investment research and financial media firm based in Stamford, Connecticut, analyzed the Bitcoin argument. This framework shows that the price of Bitcoin could reach $1 million in the second half of the 2020s and $10 million per BTC in the 2030s. "First they ignore you, then they laugh at you, then they fight you, then you win" -Mahatma Gandhi At its last peak, Bitcoin's market cap reached $1.2 trillion. To give you some perspective, this is larger than the sum of the four largest banks in the United States (JP Morgan, Bank of America, Citi, Wells Fargo) and the four largest payment platforms (Visa, Mastercard, PayPal, Square). As most long-term holders understand, a combination of critical factors will continue to help crypto adoption spread around the world. Among them: Companies accepting payments via cryptocurrencies Institutions with crypto on their balance sheet Asset managers creating new investment vehicles (at the time of writing, there are eight money managers with pending Bitcoin ETF applications) Depreciation of the US dollar Rising distrust in central political and monetary institutions The list goes on. Analysts at Hedgeye Risk Management, an investment research and financial media firm headquartered in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument, consistent with their approach to observing financial markets through a quantitative lens (notably through a qualitatively non-story-based "calls"). "). This framework shows that the Bitcoin price could reach $1 million in the second half of the 2020s and $10 million per BTC in the 2030s. Hedgeye was founded in 2008 by former buy-side analysts with the goal of democratizing access to quality hedge fund research for day traders. To broaden the scope of the research process, Hedgeye's Macro team

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