NUGGETS OF ALPHA
If the S2F BTC model is still valid, BTC's fair price should be ~$55K
Bitcoin's S2F ratio is forecasted to rise from 58 to ~110 after the 2024 halving
In 13 years, Bitcoin should be trading at ~$7.5M if the network growth rate trend continues
El Salvador’s bonds surge 62% amid Bitcoin’s ETF-driven rally
Blofin’s ETH price target is between $2,700-9,700 by the end of Q1 2024
If ETH hits $9,700, then SOL would reach at least $250 on the low end of the range
ARB’s network revenue dropped 43% & OP’s dropped 49% this quarter
Tesla is the fastest company in history to reach $100B in revenue
If interest costs skyrocket due to monetary policy, it will be a problem for Congress
Credit Scores abruptly have plunged as Americans stop repaying their debt
Today's lesson will center on price predictions that seem like hopium, but I will temper them with logic by surveying price predictions from various sources.
Blofin supplies this chart, a Bitcoin price target through Q1 2024, factoring in the Spot Bitcoin ETFs launch:
No ETF, No FFR results in a BTC price range of $30-36K
Spot ETFs, No FFR results in a BTC price range of $38-49K
Spot ETFs, Lower FRR results in a
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