John Haar argues that bitcoin is being treated “more like gold than a tech stock.” He also argues that bitcoin has big buyers “on the horizon,” unlike tech. By the end of the year, he predicts prices in the $200K-$250K range. He looks at Strategy’s (MSTR) recent earnings and “doubled” crypto acquisition plans. However, he’s really only into bitcoin, not other cryptocurrencies, making the bold claim that it can catch up to gold’s market cap in 5 years.
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