1401: FIDELITY: “Bitcoin Will Hit $1 Billion Per Coin By This Date”

Jurrien Timmer, the Director of Global Macro at Fidelity, put forth the notion that Bitcoin has the potential to reach a value of $1 billion per coin by the year 2038. To support his BTC price forecast, Timmer employed a combination of models and charts, with a particular focus on the stock-to-flow (S2F) model and his own demand model. These analytical tools formed the foundation of his primary Bitcoin prediction.

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