- The Rollup
- Posts
- Another Day Another Bitcoin Forecast
Another Day Another Bitcoin Forecast
Matt Ober
December 17, 2024
In partnership with
Was this email forwarded to you? Sign up here
Every day it feels like we hear of new Bitcoin forecasts. Does a US BTC Reserve Move BTC to the Moon?
I listened to this video from Charles Schwab about a Strategic Bitcoin Reserve that Trump may plan when he is in office.
Charles Schwab says Bitcoin could hit $500,000 – $1 million if Trump establishes a Strategic Bitcoin Reserve.
— unusual_whales (@unusual_whales)
7:01 PM • Dec 15, 2024
It seems like everyone has forecasts. It seems like every government is talking about a Bitcoin reserve. Does that make Bitcoin shoot to the moon? Does ETH, SOL, and all other crypto coins move in lockstep?
At this point, it feels foolish not to be long Bitcoin. I try talking myself into the downside scenarios. I ask the crypto bulls, the crypto managers, and the skeptics, but it’s hard to see the bear case. In the wealth management world, we haven’t even seen Bitcoin recommended by the majority of advisors yet. It’s not easy for advisors to simply put Bitcoin in everyone’s portfolio.
I don’t know where Bitcoin is going, but I do know I wake up every day jaw dropped that Fart Coin has a market cap of over $800m.
And finally I saw this and laughed
fartcoin whitepaper
— Jack Butcher (@jackbutcher)
8:03 PM • Dec 14, 2024
Get your news where Silicon Valley gets its news 📰
The best investors need the information that matters, fast.
That’s why a lot of them (including investors from a16z, Bessemer, Founders Fund, and Sequoia) trust this free newsletter.
It’s a five minute-read every morning, and it gives readers the information they need ASAP so they can spend less time scrolling and more time doing.
Reply