Bitcoin Rise: Fundamentals, Scarcity, Inflation
"Bitcoin is going higher based on the fundamentals, the scarce supply and the mega trends. Mega trend, which is governments will continue to print."
ℹ️ In shortAltcoin Daily predicts Bitcoin's value will increase due to its strong fundamentals, limited supply, and governments continuing to print money.
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… e digital scarcity as explained by heavily respected billionaire investor Paul Tudtor Jones. >> In terms of it being a great inflation hedge, gold increasing supply every year by by a couple of percent. Bitcoin there's a finite amount that can be mined. It's decentralized. And so in that sense, it's has the greatest scarcity value of anything. So, Bitcoin is going higher based on the fundamentals, the scarce supply and the mega trends. Mega trend, which is governments will continue to print. Most altcoins will not make it. I believe 95 to 99% of altcoins will go to zero. The altcoins that to me I have a higher conviction in now. And that's one of the beauties of a bare market. liquidity get wash gets washed away and we can start to find what really has value in a crypto market. I believe in mega trends obviously artificial intelligenc …
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