Bitcoin price prediction: Crypto CEO explains upside for BTC, Ethereum - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'I still think there's a long way to go': A crypto CEO breaks down why he's bullish on Bitcoin even after its surge back to $18,000 — and shares the other cryptocurrency he thinks is here to stay

Some fear the hype is overblown, however, and that a repeat of bitcoin's Icarus-like fall is bound to occur.

"I do think that you could see a pullback because it's been a big run, but in the grand scheme of things, I still think there's a long way to go in terms of the potential upside for bitcoin," King told Business Insider on Wednesday.Billionaire Mike Novogratz While King declined to share his own price target for bitcoin, he broke down why it is bound for growth over the coming decade-plus.For one, King pointed to coming inflation and the all-time-high money supply that currently exists following huge monetary and fiscal stimulus this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bitcoin has enriched so many today and that process still continues, I personally appreciate crypto (bitcoin) trading and investment, you can earn enough too, it can be the best side hustle ever. NOTE: You don’t send money to anyone. Dm today for more tips.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines