✨ Bitcoin's Year-End Price Target: A Reasonable Forecast by InvestAnswers ✨
The popular YouTube channel InvestAnswers has shared insights on Bitcoin's potential price by the end of the year. Using the global M2 money supply as a key metric, the analyst presents a compelling case for Bitcoin's price surge based on new money supply inflows.
📊 Key Highlights:
• M2 Money Supply Influence: If 0.5% of newly created money flows into Bitcoin, BTC could hit $115,000.
• Higher Inflows, Higher Price:
1% allocation could push Bitcoin to $146,000.
The possibility of nation-states printing fiat to buy BTC could push the price even higher.
🔍 Analyst's Perspective:
✨ The forecast is based on factors like adoption rates and nation-state game theory.
✨ A 37.58% price increase is projected if the 0.5% scenario plays out.
✨ The analyst remains cautious, dismissing extreme predictions like $500K BTC by year-end but considers $120K a realistic possibility.
📈 Final Thoughts:
The first nation to print money and buy Bitcoin wins—a bold yet thought-provoking stance. With factors aligning, the $115K-$120K range could be within reach.
What do you think? Will Bitcoin hit these targets? 🌟💰
