Bitcoin to $110K? Top Analyst Says It’s Still a Steal at That Price
Bitcoin's grinding rally just got a nuclear boost—one Wall Street strategist claims $110,000 per coin would still undervalue the crypto king. Buckle up.
The case for triple-digit BTC
Forget the naysayers clutching their fiat wallets. With institutional adoption accelerating faster than a DeFi exploit, traditional valuation models are crumbling. When BlackRock starts stacking sats, you know we're playing a new game.
Why the math works (even if banks hate it)
Scarcity + network effects + a decade of proving doomers wrong = a price tag that makes goldbugs sweat. The real joke? Wall Street still values Bitcoin like it's 2017—meanwhile the OGs are already pricing in the next halving.
The kicker
Somewhere in Manhattan, a hedge fund manager is still explaining why his 2% bond portfolio is 'safer' while his interns moon mine shitcoins on company wifi. The revolution won't be televised—it'll be tokenized.
Bitcoin Price Undervalued | Crypto Rover
The analyst points to the rising global liquidity as a key factor driving Bitcoin's price growth. With the increase in liquidity, Crypto Rover believes the Bitcoin price is poised for significant appreciation.
Previous Bullish Commentaries by Altcoin Daily
Notably, Altcoin Daily has been steadfastly bullish on Bitcoin. Just a few days earlier, the platform expressed confidence in Bitcoin’s long-term prospects, stating that when Bitcoin surpasses $150K, investors would look back at these times and regret not buying more when prices were lower.
This sentiment echoes the platform’s continued optimism about Bitcoin’s future performance.
Exec Advises Buying Bitcoin
Meanwhile, Matt Hougan, Chief Investment Officer at Bitwise, has encouraged investors to buy Bitcoin, citing concerns raised by hedge fund manager Ray Dalio.
https://twitter.com/Matt_Hougan/status/1940883904715804682
Dalio warned about the U.S. government’s growing debt, which now exceeds $7 trillion in annual spending against $5 trillion in revenue.
The national debt is surpassing the government's income and each household’s share has reached $230,000. As a result, buying Bitcoin would be a hedge against future uncertainty.
