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casey / Casey Ryan
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2024-09-16 15:05:11

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/
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