The global landscape, including the Bitcoin sector, has been heavily affected by the coronavirus pandemic recently. Governments worldwide found themselves implementing emergency policies to thwart the virus's spread, closing countless businesses, regardless of their size, and unfortunately, leading to mass unemployment.
In response, governments have sprung into action, seeking to stabilize their economies by supporting the unemployed and struggling companies. Almost every nation has rolled out measures to aid their citizens and businesses in distress.
Но США пошли по-крупному. Очень по-крупному.
At a press briefing held at the White House on March 24th, Larry Kudlow, an economic advisor, highlighted that the U.S. government's response package amounts to an astounding $6 trillion.
To understand this astronomical sum, $6 trillion represents a range of things: it's a third of America's GDP, slightly surpasses Japan's economy, forms 130% of the Federal Reserve's balance, equates to handing every person on the planet $850, or is enough to purchase approximately 900 million Bitcoins at current valuations.
For Bitcoin enthusiasts, this massive stimulus is a key indicator that BTC might very well hit extraordinary price levels soon.
Биткойн может легко достичь $100 000?
Dan Held from Kraken pointed out the staggering $6 trillion package for a single nation could be the catalyst to propel Bitcoin's value. Биткойн enabling its market cap to reach $2 trillion, equaling roughly $100,000 per BTC — nearly 15 times higher than its present value.
Consider the vast $6,000,000,000,000 relief effort just for one country.
If you think Bitcoin can't soar to a $2 trillion market cap at $100k per coin, think again.
????
— Дэн Хелд (@danheld) 24 марта 2020
Это было поддержано Чанпэн Чжао «CZ» из Binance With discussions revolving around 'trillions,' a price of $100,000 for Bitcoin doesn't seem implausible, especially given the limited supply available.
As nations begin to produce trillions of dollars for their economies, the demand for rare resources like gold and Bitcoin is poised to surge. Биткойн , которые уже начали In recent days, Bitcoin's performance has seemingly outdone traditional markets, influenced by these enormous financial support plans.
Математика сходится
Although $100,000 might sound absurd now, the math backs up those who foresee Bitcoin attaining a six-figure price.
Back in March 2019, a notable piece titled 'Modeling Bitcoin’s Value with Scarcity' was published by PlanB, an anonymous institutional investor based in Europe who is passionate about analyzing Bitcoin. .”
The piece included the visual below, demonstrating that Bitcoin's value trajectory can be charted using a logarithmic regression, boasting an impressive R-squared of 95% — indicating high accuracy.рыночная капитализацияThe projections suggest Bitcoin could climb
to a value of $100,000 — multiplying its current worth by ten to twenty after the справедливая стоимость $55 000 The model notably doesn't forecast an immediate leap to sky-high figures for Bitcoin comeхалвингиз-за шока эмиссии.
May's halving event, but anticipates a sustained rally towards its true market value.халвингOn a foundational level, the model appears logical: Bitcoin's current price often declines due to miners selling off coins to finance operations. The halving reduces the coins awarded to miners, thus lessening this sell pressure.
As someone entrenched in the cryptocurrency realm since 2013, my work and interviews have graced many leading industry publications like LongHash, NewsBTC, and Decrypt. Beyond writing, I contribute to HTC's EXODUS branch, a Taiwanese tech firm. I'm also a Bitcoin holder in a minor capacity. Reach me via [email protected]
