5-7 trillion?
Where’d you get that number from?
Discussion
I have no analysis to back up my price target, but in my mind, I thought bitcoin would overtake gold’s market cap before the next halvening….so 5-7 trillion with another 3 trillion to go before April seemed reasonable.
Things happen a lot slower than anyone expects.
Long term, global GDP is around 90 trillion per year. So, it should eventually become multiples of that (if it becomes a global currency).
But we’re likely talking decades.