Will Bitcoin Go To $12k or $30k First? | Charles Edwards
The Mark Moss Show
00:00
Cryptocurrency - Is Bitcoin's Valuation Really Cheap?
Mark O'Mara: Bitcoin's valuation is historically cheap. We've hit 90% of normal cycle down-arise, and then on top of that, I believe we have a shift change in macro coming. At some point, every incremental drop in macro equities isn't going to have the same magnitude of impact on Bitcoin. So, there is a point where, and Bitcoin, if everything kind of gets falling, its market size becomes smaller and smaller. And there's a point where it just breaks apart. It will behave differently, as it has always in the past.
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