Bitcoin set up to skyrockket to up to $ 200,000 by the end of the year, according to the CEO of digital marath
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The CEO of Bitcoin (BTC) MARATHON Digital, Fred Thiel, tends to ascend to the main encryption assets, believing that it can be more than twice its value before the expiration of the validity of the year 2025.
In an interview with CNBC, Thil He says This bitcoin can rise by more than 100 % of the current level before the end of the year.
“I think there is a general consensus that the price of bitcoin will rise this year to between 150,000 dollars to 200,000 dollars by the end of this year …
What you see is at any time, there is any significant sale for Bitcoin, there are buyers who enter the market and keep the price in the range of between 95,000 to 100,000 dollars.
So I think there is still a great belief that bitcoin will continue to rise. There is still a lot of demand for the original not only by retail but also institutional investors. “
Bitcoin is trading at $ 96,770 at the time of writing this report
According to the President of the CEO of Digiri, the CEO, some of the incentives that will lead bitcoin to the highest include a more friendly organizational environment and the incubation of the King of encryption by both public and public entities.
“S.The organizational aspect in the United States, you WeiLL See Money Center forAnas the ability to keep encryption and conjugate against encryption. R.HAT will then lead companies to start placing Bitcoin on their public budgets. AAnd ND does not talk in large quantities, however 1 % – 2 % xAnd the fate of their money and/or their liquid assets as an alternative to the cabinet or just keeping it andIat.
And when you do it, this pays the price of bitcoin. There is a limited amount of bitcoin available, unlike gold or unlike other types of precious goods that can be extracted from the ground.
There are 20 million bitcoin trading today. Only 21 million bitcoin will be available, so the scarcity will lead the price.
If the United States decides to move forward in its plan to implement the Bitcoin strategic reserves, it will require about one million other customers to plan it in a box. Since other kings do the same, this will continue to increase the price. “
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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