Bitcoin Fair Value At $300K By October 2021?
Bitcoin is right at $33,800; hey, I’m not going to balk at $300,000 this coming October!
GMI Model Estimates Bitcoin Fair Value At $300K By October 2021
Raoul Pal has decades of global macro investing experience. He’s regularly been outspoke about Bitcoin and its long term value proposition. The GMI founder was particularly vocal about the cryptocurrency prior to the breakout in Q4 2020.
Valuations have only increased from there, and significantly so. However, according to a recent model from a GMI Report focusing on Metcalfe Value, things are only warming up.