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Bitcoin is about to see another major breakout after surpassing its previous all-time highs, but will the price move to the upside or the downside?
David Lin, anchor for Kitco News, hosts a discussion with Florian Grummes, managing director of Midas Touch Consulting, and Gareth Soloway, chief market strategist of InTheMoneyStocks.com at the Future Blockchain Summit in Dubai, to talk Bitcoin price forecasts for the short-term, long-term, and inflation hedges.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Gareth Soloway on Twitter: @GarethSoloway (https://twitter.com/GarethSoloway)
Follow Florian Grummes on Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes)
0:00 – Bitcoin price projection
9:26 – Asset allocation
16:49 – Bitcoin as a store of value
18:51 – Inflation
24:30 – Central bank digital currencies
25:19 – Will Bitcoin be the best asset in 2022?
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