Days remaining until New Year’s, 2021: 1,113
Yesterday’s Bitcoin Price: $16,261
Current Price of Bitcoin: $17,744
Yesterday’s magic number: $883.07 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: $882.53
So that’s an improvement on yesterday. In other words, the price of Bitcoin met its minimum rising rate yesterday. Where will the weekend take it? Is $20,000 in play before Christmas? It better be for Mr. McAfee’s sake.