Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, January 12, 2024

Bitcoin Valuation After The Bitcoin ETFs Introduction

 




Bitcoin Exchange Traded Funds, ETFs started trading on public markets yesterday after being approved by the Securities And Exchange Commission, SEC.

Bitcoin's intrinsic value got a huge boost from yesterday's SEC Bitcoin ETFs approval. Bitcoin's intrinsic long-term value is 290 000 USD, according to Wolfteam Ltd.'s analysis and estimates. And this is without any major regulatory decisions that support Bitcoin.

Bitcoin's value could surpass 72 800 USD in 2024.

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