strong buy
PlanB Claims Bitcoin Is at Least 10 Times Undervalued Based on Gold Comparison
Analyst PlanB stated on the X platform that "the market value of gold is about 20 trillion USD compared to Bitcoin's approximately 2 trillion USD. Hence, gold's value is ten times that of Bitcoin. Considering scarcity, gold's stock-to-flow ratio is about 60, whereas Bitcoin's is around 120, indicating Bitcoin's scarcity is double that of gold. I believe Bitcoin is undervalued by at least ten times."
Source available for registered users Sign Up Free
AI Analysis
PlanB's comparison between gold and Bitcoin hinges on market valuation and scarcity metrics. By equating Bitcoin's market cap to gold's, he suggests significant undervaluation based on the relative ma...
AI Recommendation
If the undervaluation hypothesis holds, it suggests a significant upside for Bitcoin in the long term. Investors might consider increasing their exposure gradually, especially if they believe in Bitco...
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.
You might also be interested in:
don't buy
don't buy
risky