What happens if every Fortune 500 company buys Bitcoin? Gary Wagner talks price outlook

If every business in the S&P 500 places 10% of their cash money right into Bitcoin, the cryptocurrency after that becomes a trillion buck market, stated Gary Wagner, editor of TheGoldForecast.com.

While gold is climbing sluggish and also steadily as opposed to Bitcoin’s unexpected burst right into new all-time highs, comparable to the “turtle as well as the hare”, Bitcoin has greater upside potential in the short-term, with an upside target of $61,000, as well as a disadvantage modification floor of $39,000, Wagner said.

0:00 – Bitcoin price overview
9:12 – Gold cost outlook

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