Coin Citadel (CCTL)

[HurricaneCat5]

Well JPM says it could go a lot goin higher.
Somehow kind of makes sense.

SUNDAY, DEC 20, 2020
As JPM puts it, "alternative 'currencies' such as Gold and Bitcoin have been the main beneficiaries of the pandemic in relative terms growing their assets (for investment purposes) by 27% and 227%, respectively."
But what is absolutely remarkable, is how small the change in the market value of bitcoin has been in order to generate such a huge return in a world that has seen the value of total bonds increase by $13.1 trillion and equities up by $11 trillion, bitcoin's amazing run took place as the market cap of bitcoin rose a paltry $0.3 trillion. This was enough to push the price of the cryptocurrency to an all time high of $24,000 (even gold's far more muted return in 2020 was thanks to a far greater increase in gold's market value of roughly $0.5 trillion).
How is this possible? Simple: while global financial assets have a market cap of just below $300 trillion, and there is some $42 trillion in cash sloshing around, the value of above ground gold at $12 trillion is about 27x greater than the market cap of bitcoin today, which at its all time high is still just $443 billion.
{In short, if the value of bitcoin were to reach parity with gold, the price of one bitcoin would have to increase to $$650,000 from its current price of $24,000.}

https://www.zerohedge.com/markets/bitcoin-650000-one-stunning-chart-and-why-jpmorgan-thinks-nothing-can-stop-bitcoin-now?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

or these, u get the idea:
SATURDAY, DEC 19, 2020
CoinTelegraph reports that with Bitcoin derivatives trading on the rise, one platform is letting traders bet on a $100,000 BTC moonshot by Sept 2021.
Cryptocurrency derivatives platform Deribit is letting traders bet on a $100,000 Bitcoin price — and within a certain period, no less.
As of Thursday, Deribit users can bet on the flagship cryptocurrency reaching $100,000 via options contracts that expire on Sept. 24, 2021. The lofty strike price was established following a surge in daily trade volumes.
Bitcoin’s coveted six-figure moonshot is considered a foregone conclusion by its most ardent supporters. What some have found shocking as of late is that many of the most bullish forecasts are coming from outside the BTC community.
Citibank has seemingly predicted a $318,000 BTC price next year, while Guggenheim has called for a $400,000 valuation. Meanwhile, JPMorgan says Bitcoin could soon receive a $600 billion catalyst, which would catapult prices sharply higher.