$100k bitcoin next year: why 2021 will shatter all records – OKCoin CEO
Bitcoin is becoming ‘digital gold’ and there is a case to be made for the recent price surge to continue to $100,000 by 2021, says Hong Fang, CEO of OKCoin, one of the largest crypto exchanges in the world.
Fang argues that should bitcoin catch up to even 25% of gold’s global market capitalization of $9 trillion, that figure would amount to a price range for BTC of $80,000 to $100,000.
0:00 – Case for $100,000 bitcoin
3:33 – The path to higher price
7:05 – Gold vs. bitcoin correlation
9:00 – Bitcoin and gold comparison
12:09 – Asset allocation
15:44 – Government and crypto
18:50 – OkCoin
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