bitcoin-at-$318,000-next-december?-one-citibank-exec-says-it’s-possible

Bitcoin at $318,000 Next December? One Citibank Exec Says It’s Possible

(Noam Galai/Getty Photos Leisure)

Bitcoin at $318,000 Next December? One Citibank Exec Says It’s That you just would possibly maybe well well consider

Breaking down a contemporary Citibank document that has Bitcoin Twitter salivating and skeptical at the same time.

adPlace

For more episodes and free early acquire entry to sooner than our well-liked 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com and Nexo.io.

As of late on the Temporary: 

  • Moderna trial success drives markets up
  • New all-time high in hostile-yielding debt
  • Jay Clayton to leave SEC 

Our important dialogue: Citibank – BTC $318,000 in December 2021?

That’s the prediction of 1 Citibank exec in a document known as “Bitcoin: 21st Century Gold” despatched final week to institutional purchasers. On this episode, NLW breaks down the document, at the side of the macro justification that sets the stage as effectively because the technical evaluation that resulted in these numbers. By some means, he argues that what matters isn’t the document’s predictions, however the fact that its very existence suggests a transferring memoir for institutional merchants.

For more episodes and free early acquire entry to sooner than our well-liked 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Leave a comment