strong buy
Bitcoin Price Predicted to Reach 4.2 Billion Won in Long-Term
Tomli, the fund strategist, predicts Bitcoin could reach 4.2 billion won.
This year's target prices are between 210 million won and 350 million won.
The ultimate goal for Bitcoin is at least as high as gold, assuming the market capitalization of gold remains stable, which suggests a minimum of 1.68 billion won, with a long-term outlook of 2.8 to 4.2 billion won, possibly even higher.
Currently, about 95% of Bitcoin has been mined, yet humanity does not possess 95% of Bitcoin.
Additionally, Tomli and Cashward might just discuss Bitcoin's value on TV and then leave.
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AI Analysis
The prediction from Tomli highlights a significant long-term bullish outlook on Bitcoin, driven by its scarcity and potential to surpass traditional assets like gold. Given that approximately 95% of B...
AI Recommendation
Investors should consider this long-term bullish outlook as a sign of Bitcoin’s substantial growth potential. However, due to the volatility inherent in cryptocurrency markets, it is advisable to appr...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.