Name: Why Goldman Sachs Analysts Still Bullish on $100K BTC in 2022
Uploaded: 2022-01-05T20:59:00.000Z
Duration: 59 s
Description: Even though the bitcoin price did not reach $100,000 at the end of 2021 as predicted in the stock-to-flow model, a chart published by Bloomberg that uses Goldman Sachs data indicates this is still highly possible if BTC continues to be adopted as a store of value. In this Chart of the Day report, Galen Moore reflects on bitcoin’s market cap and how it compares to gold.

CD20$2,048.682.94%BTC$73,940.900.70%ETH$2,026.010.58%XRP$1.342.05%SOL$82.871.11%

Why Goldman Sachs Analysts Still Bullish on $100K BTC in 2022 | CoinDesk Videos

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CD20$2,048.682.94%BTC$73,940.900.70%ETH$2,026.010.58%XRP$1.342.05%SOL$82.871.11%

Why Goldman Sachs Analysts Still Bullish on $100K BTC in 2022 | CoinDesk Videos