Menu
Theme
Sign In
We are increasingly asked about the outlook for Bitcoin. We don't have a clue because it doesn't provide investors with any way to value it. We know that the supply of the cryptocurrency is limited, which is why the supply of alternative cryptocurrencies seems to be expanding as fast as the price of Bitcoin is soaring. However, the increased supply of alternatives doesn't seem to be a problem so far.
Can Bitcoin soar from $100,000 to $1 million. Sure, why not? It already increased almost 7-fold just since early 2023, 10-fold since mid-2020, and 100-fold since early 2017 (chart).
End of free preview
Ed's analysis as news breaks — often the same day. Plus the full QuickTakes archive.
Individual investor? Get Ed's QuickTakes for personal use at yardeniquicktakes.com →