Bitcoin Price Prediction Based On Market Cap
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Why is market cap so important? It enables investors to better understand the relative value of one business versus another. Market cap, also referred to as market value, measures the perceived value of a business, or the market's assessment of its future profits, since it reflects what investors believe an enterprise is worth.
In the past several months the we have heard the price prediction for Bitcoin to be all over the map. Some prediction may have been really absurd, but this video explains why even the highest price prediction for Bitcoin isn't really absurd in terms of market cap.
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