Digital Asset Investment Company Coinshares, Bitcoin in a new report 
$113,866.70announced that it may have a higher value potential than the current level. Coinshares experts evaluated the likelihood of Bitcoin in calculations made by global liquidity and market value of gold. In the report, Bitcoin’s total addressable market (full) model was put forward ratio -based scenarios.
Global liquidity and gold market connection
According to the report, the total global liquidity, which is referred to as global M2, is currently at $ 127.3 trillion. In addition, the total market value of all gold issued so far was stated as 23.9 trillion dollars. The analyzes indicate that Bitcoin may increase significantly if they get a low share from these two major financial markets.
In the Coinshares report, if Bitcoin seizes 2 percent of the global M2 and 5 percent of the gold market, Bitcoin’s unit price can reach approximately $ 189,000. The approach here is supported by scenarios from the market on the market.
Scenarios by full model
The full model is used to predict the maximum market size that a product or service can reach. Coinshares analyzed this method for Bitcoin, analyzing possible levels of value -oriented value.
“Bitcoin’s company treasures are not likely to compete with cash positions or foreign exchange reserves, and it should be assumed that it should be assumed in these areas, but if the global m2 receives 2 percent in the gold market and 5 percent of the gold market, a value of $ 189,000 per bitcoin can be foreseen.”
Bitcoin’s existing global money system in any way without the need to replace the entire global system, only a small share of these systems may be sufficient for the increase in value.
“Bitcoin does not need to change the entire global currency system. It is enough for him to get a small share of these big markets.”
Bitcoin’s role and future predictions
The report emphasizes that Bitcoin’s chances of gaining a higher share in the monetary market, especially as it becomes a more useful money form ”. Coinshares argues that the functionality and adoption rate of digital being can significantly increase in the coming process.
“Bitcoin is becoming more and more likely to get a higher share in monetary markets.”
The report, Bitcoin’in at the time of analysis was traded around 114,800 dollars. This value is potentially below the $ 189,000 level envisaged in the report. Thus, if the market share is obtained in the specified rates, Bitcoin is thought to be close to 65 percent.
Experts point out that digital assets and especially Bitcoin’s role in the financial system may differ depending on market conditions and investor interest. As a result, Coinshares’ assessments are not presented as definitive estimates. The report aims to analyze the potential interaction between Bitcoin and global financial markets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
