1331: "Bitcoin ETF Will Send BTC to Shatter $310K"
Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Widely followed on-chain analyst Willy Woo says the Bitcoin price could surge by 10X with the approval of a spot Bitcoin ETF in the United States.
"What would price do if these guys put 5% of AUM into BTC? My calculations estimate around ~$310k per coin. It would really depend on whether they deploy in a bearish or bullish phase of the market but the range would be between $128k - $398k. Right now it's $310k. Methodology is via measuring market cap increase vs realized cap increase."
Learn more about your ad choices. Visit megaphone.fm/adchoices