Bitcoin's conservative addressable share of speculative assets is 2%.
The total market cap of the speculative portion of assets are as follows: Real Estate: $2.14 trillion Gold: $7.83 trillion Silver: $108 billion (0.108 trillion) Stock Market: $21.8 - $32.7 trillion (We'll consider the lower and upper estimates) Bonds: $7.035 - $14.07 trillion
Total speculative market cap: $38.913 trillion to $56.848 trillion. Conservative estimate for Bitcoin's share of this is 2%, or 0.778T-1.137T
The conservative multiplier for Bitcoin, is 118x. This means that for every $1 invested in Bitcoin, the market cap tends to increase by $118. Let's assume 10x instead.
0.778T-1.137T X 10 = 7.783T - 11.370T Conservative projected price range 350k-666k
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.