Bitcoin hits $40k; $100k is ‘conservative’ next target – Hong Fang doubles down on call (Pt. 1/2)

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Hong Fang, CEO of OKCoin, doubles down on her $100,000 price call for bitcoin in 2021 owing to adoption from institutional investors and the growing acceptance of bitcoin as a viable store of value.

Fang’s comments come as bitcoin hit $40,000 on Thursday.

OKCoin platform: https://www.okcoin.com/?channelFlag=ACC01500431&utm_source=kitco&utm_medium=video&utm_campaign=gold

0:00 - Bitcoin price forecast
3:23 - Bitcoin's role for investors
7:50 - Bitcoin vs S&P 500
10:06 - Drivers of $100k bitcoin
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