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Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs

In a note released to investors on Tuesday, Goldman Sachs (NYSE:GS) co-head of global FX and EM strategy Zach Pandl hypothesized that if the largest cryptocurrency could overtake 50% of the store of value market share over the next five years, BTC’s price would increase to just over $100,000, marking a compound annualized return of 18%.

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Source: Cryptocurrency - investing.com

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