Bitcoin Price Target $400,000 (Guggenheim)

In this video, I discuss Guggenheim's Scott Minerd and his price target of $400,000 for Bitcoin. An established investment professional like Minerd would never come out with such a crazy price target unless he was reasonably sure that it was possible.

The Winklevoss twins have a price target of at least $500,000 for Bitcoin, while Plan B's stock to flow models suggest that Bitcoin will hit anywhere from $100,000 to $288,000 this cycle, and will exceed $1 million after the 2024 halving.

Bitcoin is up over 225% in 2020, but I believe that this rocket ship is just getting started.

Not investment advice! Consult a financial advisor.

Guggenheim's Bitcoin price target:

Guggenheim Partners:

Bitcoin heading to $300,000:

Bitcoin Plan B stock to flow model:

Bitcoin stock to flow model chart:

Winklevoss Bitcoin 500k price target:

Northern Trust getting into Bitcoin:

More investment firms enter Bitcoin:

Bitcoin rally could be even stronger this time around:

Bitcoin's market cap in context:

My favorite Bitcoin dashboard:

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

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#Bitcoin
#BitcoinNews

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Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

[Bitcoin_University]

there are a number of scammers who are using my image and channel name to try to connect with my viewers on WhatsApp and other platforms to scam them. Just so you know, I will never refer you to "my personal trader" or try to connect with you personally to sell you something. I am banning these scammers as quickly as they pop up, but if you could report them to YouTube, it would be very helpful. You can always recognize a scammer by clicking on the image and seeing how many videos he has. All of these guys have zero videos, while I have hundreds.

[darthyoda]

Since I started watching your videos back in July, my BTC portfolio is up 78%. Thanks for all your work and videos

[Lmb]

Best channel on YouTube without a doubt

[celinasharon]

You're the Wire of explanation videos. Entertaining, easy to understand, but holy fuck, there's a lot of information to unwind

[SwishaMane]

8:57, looks like BTC next peak should be 60k not 100k. IDK if its the chart type/style messing me up or what.

[fionamcleod]

It’s all coming together. Fascinating to watch. Happy days. Great video - top notch 😊

[Vikaskarunakaran]

Hi Matt, Do you upgrade Firmware for Trevor wallet and is it needed? Is there any risk when upgrading?

[retro]

My only regret is not buying more, I did put 10% of my money into, should have done 20%

[MellisaDormoy]

The last few years I was buying my sons a few stocks every month in their custodial accounts to present as college gifts upon graduation... well I spilled the beans bc I don't trust the market anymore and we decided last week it's going into BTC instead. :)

[MrJasonFrank]

Are these price targets based on today's dollars?
Or is it based on the dollar value in the future (the date that the price target is based on)?

[miguelramos]

$300, 000 bitcoin in the next two years?!?! You clearly are crazy! I respect and believe much more the opinion of traditional management firms than some guy on the internet. Lets see...Scott Minerd from Guggenheim that's a traditional one. Ah! $400, 000 bitcoin! You see, I told you you were crazy and you were WAY off. :) (keep up doing what you are doing)

[fmilan]

I have been buying BTC since 2017, about 100 dollars per week, during the last bare market I was buying 100 bucks, during these rally I was buying 100 bucks, when the pandemic started I increased the amount I was buying because now I was working from home, and not going out, also by the same time I finished paying my car and since I am working from home, I don't need to replace my car. So now it was about 200 per week --- best decision I ever take. I also have been buying smaller quantities of ETH and sprinkles of LINK and SNX. So far so good. I think I am 250% up overall. Thanks man, watching your videos helped me to build conviction and realize I should not sell during this cycle. I will wait for the 2024 halving to take place and I will keep buying up whatever I can.

[tarheels]

How about the dude that sold his house and bought $150k worth of BTC you talked about in your video a few months ago! Looks like it was a solid idea!

[prandamanda]

Where is the whitelisting setting on coinbase? I was trying to look for it but couldn't find it.

[andrewbest]

I remember in 2013 making the case for a million dollar Bitcoin and breaking down the math and probabilities

[mikefoster]

I believe in that interview that Scott Minerd of Guggeheim gave, he pretty much said that his firm has yet to invest any money into Bitcoin due to waiting for the SEC to give approval to their firm's BTC plan.

[bradheath]

Matt, we know markets are often manipulated by banksters and bureaucrats. Any thoughts on how parties currently invested in gold (aka Central Banks) might "adjust" the gold price to protect their old school asset against the rise of Bitcoin?

[gvwalters]

Thanks for the excellent commentary on Bitcoin. What are your thoughts on Bitcoin trusts, such as Greyscale? Do you have a video on that? I'm hesitant to take the plunge into the real thing due to all the different things required to stay safe. Also, do you have a video on ideas for passing your purchase on to heirs and such?

[redwine]

is there any other crypto currency that has a set value like bit coin? ( I think 21 million)

[kaetlyn]

hi i have a question on your book that i recently purchased " A Beginners Guide To The Stock Market"