2024 Prediction – Bitcoin | The Acquirer's Multiple®

During their latest episode of the VALUE: After Hours Podcast, Taylor, Carlisle, and Brewster discussed discussed 2024 Prediction – Bitcoin. Here’s an excerpt from the episode:

Jake: We will find out. All right. Bitcoin, $42, 590 right now.

Bill: This one I got to think of. I didn’t prepare for bitcoin at all.

Jake: I know.

Tobias: I’ll say $42,500 or $4,250. I’ll say 10% of where it is.

Jake: Whoa. All right.

Bill: Such a hater.

Jake: I’m going back to $20,000.

Bill: How’s that hater rate feel? I don’t know, I kind of–

Jake: Bill if you’re rocking–

Bill: I’m going to go $50,000.

Jake: All right.

Tobias: I think 10 times– [crosstalk]

Bill: Wait, that’d be a 20% return. Okay, all right.

Jake: Toby, how are you going to have 6% rate of inflation and then bitcoin cutting? Isn’t it up store of value for inflation?

Tobias: I think it’s a tech stock.

Bill: Yeah, I’m going $45,000.

Tobias: I think it’s tech stock.

Jake: $45,000?

Bill: Yeah. I don’t want to go as high as $50,000. That would be, especially off this ramp. I think they get a little consolidation. You got maybe an ascending wedge or something. I forget what all these technical terms are, but–

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