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Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto project,” he said. Novogratz Still Bullish … Read more
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller Sees Bitcoin Correction as ‘Pretty Routine’ Veteran investor Bill … Read more
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark … Read more
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting “like clockwork” with regard to the their predictions. Go to Source Powered by WPeMatico
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.” Robert Kiyosaki Expects Bitcoin’s … Read more
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan said last week that bitcoin’s price volatility has been declining in recent weeks, noting that … Read more
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past. Go to Source Powered by WPeMatico
Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating. A survey of Goldman’s institutional clients shows that 61% expect to increase their cryptocurrency holdings. Meanwhile, 76% say the price of bitcoin could reach $100,000 this year. Goldman Sachs Sees No Signs of Institutional Demand for Bitcoin Abating … Read more
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Go to Source Powered by WPeMatico
A $1 million price tag for BTC within the next ten years is “pretty reasonable,” Jesse Powell tells Bloomberg. Go to Source Powered by WPeMatico
