Frank Holmes, CEO/CIO of US Global Investors, believes Bitcoin and Ethereum could reach $80,000 and $3,000 respectively in 2021. He also sees the possibility of Bitcoin dropping to $20,000 and Ethereum dropping to $500. This wide spread is derived from a philosophy he calls the DNA of volatility.
DNA of volatility
According to Holmes, each asset class has its own DNA of volatility, or the typical percentage of price fluctuation over a period of time. He finds it particularly intriguing when…
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