Bitcoin to Outperform Micron
"I do believe Bitcoin will outperform Micron over the next 12 months. That's my line in the sand here."
ℹ️ In shortThe author believes Bitcoin will yield higher returns than Micron Technology stock over the next 12 months.
This prediction is awaiting verification.
Details
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… Would I rotate Bitcoin into Micron here? No. That would be extremely dangerous to do because nothing goes straight up. Yes, and Micron's nearly 1,200 bucks. Is it going to 1,650? The answer is yes. But that's really just 30% upside. Is Bitcoin going to double from here? Yes, that's 2x. So, I do believe I do believe Bitcoin will outperform Micron over the next 12 months. That's my line in the sand here. Also, look at other ones like Tesla Bitcoin. And Tesla versus Bitcoin, I did warn you all 2 years ago that Tesla would smoke Bitcoin. That's up like 160, 180% over Bitcoin and it's done better as well. So, we'll cover more about pair tradings and rotations in a subsequent question that dovetails nicely into yours. So, Tofu, thank you for that ques …
Related claims by InvestAnswers
Humanoid Growth Forecasts
The quote predicts a rapid increase in humanoids in the coming years, especially if they can self-replicate, and emphasizes the need to prepare for this future.
Machine Payments Growth and Crypto
Machine-to-machine payments are rapidly growing, reaching almost 5 million transactions, and are expected to soar to billions, presenting a huge opportunity for crypto.
Asset Price Targets Forecast
Technical aggregators and Wall Street analysts predict a significant asset price increase, indicating a strong buy recommendation.
Company bankruptcy risk in 2 years
A low Altman Z-score suggests a high possibility of the company facing bankruptcy within the next two years.