casey on Nostr: According to my simple #bitcoin pricing model based on US liquidity growth, the ...
According to my simple #bitcoin pricing model based on US liquidity growth, the bitcoin price will hit $1M when US M2 reaches roughly $28T (currently $21T).
Assuming US M2 continues to increase at the same average rate that it has been increasing for the last 15 years, this will happen in late 2028/early 2029 (approximately 4 years from now).
That seems a tad optimistic to me, but who knows!
https://www.caseyrb.com/bitcoin-m2-pricing-model/
Assuming US M2 continues to increase at the same average rate that it has been increasing for the last 15 years, this will happen in late 2028/early 2029 (approximately 4 years from now).
That seems a tad optimistic to me, but who knows!
https://www.caseyrb.com/bitcoin-m2-pricing-model/