How Bitcoin Gets to $100,000

Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.

On this edition of The Breakdown’s Long Reads Sunday, NLW reads a recent piece by Hong Fang, CEO of OKCoin. 

In it, Fang provides a set of valuation models and scenarios that plausibly lead to bitcoin achieving a significant $100,000 value over the course of 2021.

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Cryptocurrencies: 17,170
Markets: 1,282
Marketcap: $ 2.81 T
24h Vol: $ 143.23 B
BTC Dominance: 59.06%