Shark Tank star and famous investor Kevin O’LearyAccording to after regulatory clarity bitcoinThe value of (BTC) will increase significantly!
Commenting in a recent Stansberry Research interview, O’Leary claimed that once institutional investors are allowed to buy crypto assets, Bitcoin could gain several times the current price.
In the next two to three years, the US regulator will dominate cryptocurrencies. They will dominate stablecoins first and Bitcoin itself…
As soon as this happens, if I’m running a fund or retirement plan, I’ll probably allocate 1-3 percent of the fund. And when that happens, I want to hold Bitcoin for a long time.
According to the Shark Tank star, institutional investors need regulatory compliance and meeting Environmental, Social and Governance (ESG) standards before investing in Bitcoin.
O’Leary also says that if institutional investors are categorized as software, buying Bitcoin will be easy.
If you think Bitcoin is software, which it is, and these institutions are owned by Microsoft, Google, yes they are all software. Therefore, as soon as the relevant regulation comes, institutions will come to their senses and invest in Bitcoin.
Between 1 and 3% of their investments will consist of digital currency. That’s when Bitcoin’s rise from $100,000 to $200,000-300,000 will begin. And I think that will happen in the next 2-3 years.