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If every company in the S&P 500 puts 10% of their cash money into Bitcoin, the cryptocurrency then comes to be a trillion buck market, said Gary Wagner, editor of TheGoldForecast.com.
While gold is climbing up slow and continuously instead of Bitcoin's sudden ruptured right into new all-time highs, comparable to the "turtle and also the hare", Bitcoin has greater upside potential in the short-term, with an upside target of $61,000, and also a drawback adjustment floor of $39,000, Wagner claimed.
0:00 – Bitcoin price overview
9:12 – Gold price outlook
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What happens if every Fortune 500 company buys Bitcoin? Gary Wagner talks price outlook
If every company in the S&P 500 puts 10% of their cash into Bitcoin, the cryptocurrency then becomes a trillion dollar market, said Gary Wagner, editor of TheGoldForecast.com.
While gold is climbing slow and steadily as opposed to Bitcoin’s sudden burst into new all-time highs, similar to the “tortoise and the hare”, Bitcoin has higher upside potential in the short-term, with an upside target of $61,000, and a downside correction floor of $39,000, Wagner said.
0:00 - Bitcoin price outlook
9:12 - Gold price outlook
__________________________________________________________________
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