Would you know how to answer this question?

How many dollars are needed for Bitcoin to reach 100k?

If we follow the analogy of the calculation, we need to know three things: Total supply in circulation, market capitalization and the price of Bitcoin.

For example, according to the information in the photo:

New Market Capitalization = (supply in circulation) x (target price)

Continuing with the numerical example: Capitalization = 19,780,000 x 100,000

= $1.978 trillion.

In other words, for $BTC to reach 100 thousand dollars, the new market capitalization needed would be approximately 1.978 trillion. An increase of 388 billion dollars.

Tell me, do you think this is impossible this year? Especially with another cut in the American interest rate in December?

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