β€˜CLEAR SKIES’ FOR BITCOIN PRICE DISCOVERY!! HERE’S WHEN BTC WILL OVERTAKE GOLD AND REAL ESTATE!!

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Published at : November 12, 2021

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Bitcoin is clinging to $68,000 on Nov. 9 after traders declared it β€œclear for take-off” and ready to begin further price discovery.

Quantitative analyst PlanB is predicting when the market cap value of BTC could overtake that of more traditional assets such as gold and real estate.

PlanB sees Bitcoin’s market cap reaching somewhere between $10 and $100 trillion.

β€œAfter the next halving, or really this halving, we should get really close to the gold market cap. And after the next halving, it would really surprise me if an asset that is recognized by the market as a store of value, that has more than a trillion dollars in value, if that store of value, with a bigger scarcity than gold, would not at least be valued higher than gold.

So somewhere between gold and real estate – $10 trillion and $100 trillion, roughly.”

In other breaking Bitcoin News today: Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.

The card giant partnered with three Bitcoin service providers in the region to enable consumers to spend BTC anywhere that accepts Mastercard.

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Show Notes / News Resources:
βœ” Bitcoin Technical Analysis: https://bit.ly/305fYBR
βœ” Mastercard Launches Crypto-Linked Cards: https://bit.ly/30cjUB2
βœ” New ATH Renews Faith In $98K BTC Prediction: https://bit.ly/3mW8p9t
βœ” Bitcoin To Overtake Gold & Real Estate: https://bit.ly/31Ezx4t

πŸ”΄ DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.​​​​​​​​ Always do your own research and never invest what you cannot afford to lose.

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