Why $58K Bitcoin Feels So Disappointing Right Now
Why does Bitcoin feel so underwhelming at $58K? Hurley explores why sentiment in Bitcoin is so low right now by looking at distorted price signals via inflation and why we may have not seen an true all-time high in price yet. Meanwhile, Michael Saylor predicts Bitcoin will reach $13 million within 21 years, capturing 7% of global capital live on CNBC.
Timestamps:
00:00 - Negative Bitcoin Sentiment
01:21 - Inflation, Distorted Price Signals and Bitcoin Price
03:32 - Michael Saylor's $13M Prediction
05:32 - Saylor's Prophecy and Bitcoin 4 Year Investment Thesis
06:18 - Bitcoin's Average Monthly Returns
06:58 - There is No Second Best
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