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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Jeff Booth: Why $1 Million BTC Is Thinking Too Small

BTC

BTC/USDT

$84,014.04
+0.01%
24h Volume

$15,807,918,119.87

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
BM
Bitcoin Magazine Editorial
(07:29 PM UTC)
1 min read
MR
Verified byMichael Roberts

Is a $1 million Bitcoin price target thinking too small? Jeff Booth thinks so, and he explains why valuing Bitcoin in dollars means pricing it from a game that’s rigged by debasement. He argues that Bitcoin isn’t just a coin or an asset, but the beginning of a decentralized, secure, and private protocol stack that will look a lot like the internet. In his view, Bitcoin is evidence of the first…

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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