McAfee Meter

Days remaining until New Year’s, 2021: 1,114

Yesterday’s Bitcoin Price: $17,326

Current Price of Bitcoin: $16,261

Yesterday’s magic number: $881.32 per day.

That is, the price of Bitcoin must rise this much on average every day to reach $1 million by January 1, 2021.

Today’s magic number: $883.07

Uh oh? Is that a bubble bursting? The magic number is going in the wrong direction for the second day in a row. Worse, today the price of bitcoin is actually down a significant amount from yesterday. Order up some Grey Poupon!

Leave a Reply

Your email address will not be published. Required fields are marked *