The Reason Bitcoin Has Not Topped Yet
Lark Davis
Summary of Bitcoin Price Surge
Bitwise Matt Huggan suggests that if governments start adding Bitcoin to their balance sheets, the price could surge to hundreds of thousands of dollars per coin.
Key Points
- Governments buying Bitcoin could greatly increase demand
- This possibility is not currently priced into the market
- If it happens, prices are expected to skyrocket
- The question is whether to invest now or wait for maximum bids