The famous YouTube channel hosts the goals of the potential end of the year for Bitcoin, as BTC is struggling to find the bottom of its correction.
In a new video clip, the global analyst M2 Money Supply – which measures the amount of money flowing throughout the financial system – uses to predict the potential price of BitCon on the hypothesis that the newly created money supply can be partially flowing to BTC.
InvestansWers says the most logical expectations is that about 0.5 % of the newly created offer will flow to Bitcoin, which, according to its models, would collide the price to about $ 115,000.
“The circulating bitcoin is 15 million, and it is mentioned that five million is lost, and the current maximum Bitcoin market is 1.637 trillion dollars, and the new bitcoin price will reach 146,000 dollars, if one percent of this new level of assets enters Bitcoin.
I don’t think it will be high, and I think it can be more than half a hundred or a quarter of one percent. This depends on adoption, and depends on the theory of the nation -state game. Perhaps there is a nation that will print some of its Faya and buy bitcoin, then you can throw this table away, it will be much higher if this is the case.
Because the first national country to print money to buy Bitcoin wins. That’s it.
So, imagine if only half a percent of the new global M2 goes to Bitcoin – [which is] Reasonable, perhaps – the price will reach $ 115,000. This would increase the price by 37.58 % – which is what many people gourmet and say “$ 115,000, this is not good, I want a million dollars – well, this is not the way the markets work. There are still a lot of people who expect Bitcoin half a million dollars by the end of the year. I don’t think this. $ 250,000, I don’t believe in that. 120,000 dollars?
My goal was always like $ 119,000, 120,000 dollars for the longest time, and returning to 2023. We’ll see if we were getting there. “
At the time of writing this report, bitcoin value is $ 82,100.
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