Here’s How High Bitcoin Could Go As Global Liquidity Surges to $127,300,000,000,000, According to CoinShares

Bitcoin ( BTC ) could rally by double-digit percentage points from the current level if it captures just a tiny share of the global liquidity and gold’s market cap, according to a report by digital asset investment firm CoinShares. The report says that based on the total addressable market (TAM) model, the crypto king could go up by 65% from the current level if Bitcoin captures just 2% of the global liquidity (global M2) and just 5% of gold’s market cap. The TAM model is a tool used to estimate the maximum opportunity available to a product or service, in this case Bitcoin, assuming it is able to capture the entire market. “…if you believe bitcoin is unlikely to compete with the cash positions of Corporate Treasuries or FX Reserves (assigning them 0%) but more likely to take a share of Global M2 (let’s assume 2%) and Gold (5%), the sum of those contributions would estimate a value of US$189,000/BTC.” According to CoinShares, the global liquidity (global M2) is currently at $127.3 trillion, while the total market cap of all the mined gold is $23.9 trillion. The digital asset investment firm further says Bitcoin is “increasingly likely to obtain a higher share of monetary markets” as it becomes a “more useful form of money.” “Bitcoin does not need to replace the global monetary system to be profoundly valuable. Capturing a small share of these enormous markets would be more than enough.” Bitcoin is trading at $114,800 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Here’s How High Bitcoin Could Go As Global Liquidity Surges to $127,300,000,000,000, According to CoinShares appeared first on The Daily Hodl .