Hello my name is Miguel, I hope you are very well and again I give you the Welcome to this Cripto Sphere channel In this video we are going to see some pretty interesting price predictions that put the price of bitcoin in 100 thousand dollars by the end of 2021 let's see the perspective of two highly reputable analysts in the market who support this idea and we will also see an indicator or a foundation that strongly supports this prediction by the way if you're new to this channel and you like this kind of content please subscribe if you have not already done so please give the bell notifications and let's like the video so let's go with it we'll start with anthony broad not the one with founder and partner in morgan digital creek and the presenter of a famous podcast called of the chain someone with pretty good reputation in space and that I personally follow because it has very good credit and in one of your newsletters you usually write for a list of the investment partners of your firm of investments and that he released publicly for free he wrote predicting that by December 31, 2021 we will see the price of bitcoin in at least 100 thousand dollars giving us a solid reasoning so whether your prediction is correct bitcoin would reach a capitalization of $ 2 trillion market that's about a third of the capitalization of the current gold and pompeii market tells us that your conviction that this happens is 70 to 75 percent he starts his article reminding us that he himself and of course his investment firm morgan digital click put your reputation in play with this prediction and start saying that on August 24, 2018 bitcoin was trading at $ 6,770 wrote an email to our investors and I shared it with the subscribers to this newsletter saying it's likely that we'll see Bitcoin nearby of $ 3000 before we see bitcoin in 10 thousand dollars again this prediction of a 50% drop in the bitcoin price was received with a lot of skepticism but it finally turned out to be accurate bitcoin proceeded to fall below $ 3,200 in December 2018 before recovering and shoot beyond a price of 10 thousand dollars last Friday continues saying that the participation of these market movements allowed morgan digital click avoid investing the capital of our investors institutions in beat coin during the bear market while they have confidence to start investing around a price of 3 thousand 800 dollars in March 2019 after the market hit rock bottom ' it is simply our job to have an opinion about where the market is going and act accordingly says that as we move towards the new market bitcoin bullish I wanted to publicly declare my thoughts on future price movements as I said earlier do predictions is difficult I do not aim for one hundred percent accuracy but to have reason more times than I am wrong part of my process as administrator of professional funds is to form a thesis of a target price identify a timeline or date to establish a level of confidence and after constantly reassessing those three aspects of my process of thinking as I get new information and here it tells us that bitcoin will reach a price of 100 thousand dollars before December 31, 2021 and that your current level of confidence that this happens is around 70 to 75 per hundred therefore from here we start to give several reasons for why do you think and how will the price of bitcoin reach that figure says that the Price appreciation is key because it will be driven by a very simple idea supply and demand bitcoin is a fixed supply asset with a disinflationary supply program for the next 25 years there will be an incredible increase in demand while the total supply remains fixed and the new daily supply is reduced 50% from May 2020 and just this just mentioned here is the main factor that I'm going to talk about and show in a few minutes what it is known as the stock index its flow but at this point I think it has the whole reason because there's going to be an incredible increase in demand for bitcoin in the next two years and because I believe this because there are more and more advertising plus press and more general and global knowledge of the name of bitcoin this is attracting more people to know and understand what is how it works and what problem does bitcoin address as a solution and understanding and awareness around bitcoin is increasing exponentially and bitcoin not will disappear governments can not close it can not eliminate it and thank you to its decentralization bitcoin does not have a single point of failure but continuing with his reasoning says the increase in demand for bitcoin will come from a variety of sources and will be due to various factors these include the large-scale institutional adoption the approval of multiple Efe and retail products increase the unstable global lack of performance in traditional markets and the continued manipulation of the markets of the economies and currencies by governments around the world and the number 6 reason is that the capitalization of bitcoin market will reach 2 billion when bitcoin has a value of $ 100,000 this is less than a third of the market capitalization of gold and less than 40th of the global money supply says here I do not will surprise that many people do not agree with my thoughts of fact that is what I hope that that is the reaction besides the asymmetric nature and uncorrelated bitcoin presents a unique risk versus reward and finally says that an investment in bitcoin will provide approximately return 10 times and if I am right in my target price of 100 thousand dollars while the risk is the complete loss of capital invested this type of compensation is personally exciting to me so these are your reasoning for this price forecast of 100 thousand dollars a bitcoin by the end of 2021 although he admits that the road to 100 thousand dollars will be and with multiple setbacks and corrections in the way indeed here says he anticipated there will be numerous reductions from 20 to 30 percent from the new historical highs as the asset continues appreciating in value this is your prediction, what do you honestly think? I agree and I think they are very solid arguments I think this is completely reasonable especially if more and more people they are already choosing to risk a bit of their wealth in beat coin as some millionaires and investment firms like fidelity colman saps bat recently also td ameritrade and they have all suggested to their clients to invest minus 1% of your capital in bitcoin and think about it is 1% trillion of dollars this will cause the price of bitcoin to increase significantly and bitcoin attracts people both for the money and the fundamentals for being a active safe without decentralized and unspeakable permit is money not printable one of the best value storages and you can send money to anyone in the world and there is absolutely nothing that a third party can do for but well let's continue and now we're going to see the opinion of the second analyst who also launched a target price of bitcoin at $ 100,000 this is more than being the presenter of keyser report is one of the first advocates of bitcoin in the media and a veteran on 'wall street' who in an interview recently made a double reaffirmation of their prediction arguing that the policies of the Federal reserves of the USA will cause a chain of events that will consolidate the state of the bcc as a value storage and mainly stressed that bitcoin could capture a part of the value of the world gold market and if that happens bitcoin could see a huge price increase up to 100 thousand dollars in fact says here that to capture a part of the gold market we are talking about 60 70 80 thousand and 100 thousand dollars for bitcoin says no has sold no bitcoin because my target price is 100 thousand dollars and more and here concludes with the point that will take me to the next part says in relationship with gold said that one of the advantages of bitcoin is that there is a number fixed currencies in circulation what does impossible for a controlling entity to change the supply of bitcoin in circulation well now we will see beyond the opinion of these analysts the metric of an indicator that shows us where bitcoin could go during the next two years and can support this target price of at least 100 thousand dollars this is a metric that expresses a study in which scarcity which is the main bitcoin value measured by the stock ratio its flow directly drives the value of an asset this is a study by the way that was done by a famous twitter user called plan b that published this theory collecting all your tweets and putting it in an article in the middle a dot com this is an indicator called stock flow or the ratio of stock and flow that is generally used to measure the quantity in the commodities markets and this index measures the amount of an asset is the stock with its annual production rate that is the flow and basically the ratio describes how much time it will take the flow reach the stock let's see it in more detail in this document look On the one hand we have the stock that is that of an asset in the market or also we could say that it is the size of the existing reservation of something and when it speak of stock usually refers mainly to metals precious as gold or silver on the other hand we have the flow that is the flow of the new production and finally we have the stock ratio its flow this is how long it will take the current flow or current production annual reach the amount or the outstanding supply of that asset for example in the case of gold we have that number which shows us that historically it would take approximately 62 years according to what is produced annually that is this amount here reach or re-produce the current total reserve of gold that are 106 185 thousand tons therefore this tells us that what is needed here is to have a very high index since the high index means that there is not much inflation because it will take a lot of time as you see here reach the total supply and that's why gold and bitcoin are very good Value storage are different from consumable products the copper the zinc the the nickel and so on because they have a high ratio of stock and flow for example here we can see that the index of silver for example is more small is located on a 22 and a bit with the index is a 27 and on which we currently have 17 7 million coins in circulation right now and currently produce 653 bitcoins per year this number by the way of 657 is obtained when you calculate 12
5 bitcoin minados every 10 minutes for 6 that is one hour for 24 what is a day and finally for 365 days what brings you to this number of 653 bitcoin a year approximately and also if you wonder where it's from you get this value the number of this index is simply dividing the amount in circulation or the outstanding reserve of that asset in the case of bitcoin 17 7 million divided by the annual production of that asset 657 kvitko is what gives you this value of 27 per key here is that this number that currently yes it is 27 after the next event passes the end of May of 2020 that number is going to double because the annual production is going to reduce by half therefore now what we must understand is how this index of the stock ratio its flow affects the market and how it changes or varies by certain factors and generally the production is the most crucial factor for determine the value of an asset for example gold say the price it goes up so if the price goes up the production increases this is because the miners are now encouraged to produce more and have more funds to do it and this what causes this causes this stock ratio to flow down and this is because the more production takes less time to reach the supply current and meanwhile what happens with time is that the production of mining takes gold to a stage of super production which means that now the supply exceeds the demand and as a result makes the price of gold go down making mining not attractive by reducing the stock rate its flow and this eventually raises the index or the relationship of existence and production or the stock its flow therefore this tells us Regarding gold, the main driver of the stock index is its flow the production that is affected by the market price the price goes up the production goes up and down the stop flow and if the price goes down the production it reduces and increases the flow of stock therefore in the end it is the production the one that affects the value of gold however the interesting thing about bitcoin and even if the price goes up you can not produce more bitcoins it does not work it's not like gold where you can increase production there is always the same amount of flow because remember it is 125 bitcoins every 10 minutes and production remains stable therefore the interesting thing here is that if the price goes up and the production continues to be the same so that this stock index its flow up the main driver has to be the price can not be the production so that this value increases so that the Bitcoin market capitalization increases say for example to a third of the total capitalization of gold this would put the price of bitcoin at 100 thousand dollars this index has to be placed closer to the stock index your gold flow and that will lead to this index of stock your bitcoin flow to increase as the supply reduction is to say lower production to lower amount of bitcoin are entering the larger market is the time it would take to reach the current supply ie after the garden this number will be double that is 54 being closer to the index of gold and eventually in the future with the following harding events this number will be even higher than the stock index your gold flow and to put it in a simpler way with the next bitcoin calvin event is going to be reduced even more the offer of bitcoin is the amount of bitcoin that enters the market while with the passage of time as we are already seeing the demand goes increasing that is the generalized knowledge the general interest and the adoption of bitcoin is increasing inevitably increases the price now in this article there are several charts that analyze in more detail the accuracy of this stock ratio, its flow and how it has historically predicted undervaluation and overvaluation of the price of bitcoin with 95 percent accuracy but I do not want to go into many details about it because it is something more technical and can lead to create more confusion therefore in conclusion bitcoin is the first digital asset scarce that the world has seen is scarce like silver and gold a shortage that gives it value and this value will double or triple even more when it reaches the reduction in supply and an increase in demand the supply you know is reduced in less than 11 months and the demand is already coming and as they say here for the who are wondering where all the money will come from to achieve the market capitalization of 2 trillion dollars needed to place the price of bitcoin in 100 thousand dollars the answer is silver gold in countries with negative interest rates like European countries japan and soon usa also in countries with predatory governments like venezuela china they will go turkey etc millionaires and billionaires who are protected against quantitative easing and institutional investors that are discovering the best performing asset of the last ten years and that said I have in mind and I understand that this is a theory and we are speculating and it is always difficult to predict future prices so my intention here is somehow to extract ideas from several analysts with different perspectives and analyze them therefore I would like to know your opinion about all this because for me although the analyzes the fundamentals and indicators that support these price predictions have a basis solid could be completely wrong and fail so much in the price as on the target date we get to the end of this video I hope you've found value in it and one way to support this channel is to leave it a like to the video also subscribe to the channel and hit the notification bell I want to leave with a key question what is your price prediction for bitcoin give me a price and a date well thank you for tuning tea and visualize and we we see in the next video by the way if you like these videos with content from crypto coins you can take a video look by clicking on this window and do not forget to follow me on social networks so we'll see each other in the next video bye
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