Finder founder Fred Schebesta, one of Australia’s youngest millionaires, despite the recent fall bitcoin He claimed that the price would double within a year.
Estimated to have a fortune of $ 240 million, Schebesta believes that the price of Bitcoin will be around $ 73,000 by the end of 2022. However, according to the famous name, a volatile process will be followed with sudden ups and downs during this rise.
Schebesta, who is 29th on the list of Australia’s youngest riches, expressed his thoughts in his statement as follows: “Bitcoin price is currently in a correction process and it may take the next year to stabilize. BTC is a highly unstable asset, but as time goes on, this volatility will lessen and not be as sharp as it used to be.”
“Bitcoin Price May Follow Around $73,000 By The End Of 2022”
The famous CEO has set the date when he thinks that the price of Bitcoin will rise to around $ 73,000, as December 2022.
However, Schebesta’s scorecard in evaluating BTC’s movements is not very successful. The famous name predicted that in the days when the BTC price was $ 65,000, it would reach $ 70,000 the next week, but after that, the world’s largest crypto currency fell to around $ 35,000, depreciating by about 50%. However, BTC is still at a higher point last year than it is today.
The rise of risky assets such as cryptocurrencies in 2021 was made possible by the monetary supports offered to the market due to the coronavirus pandemic.
*Not investment advice.