Cryptocurrency industry with the recent uncertainty Bitcoin (BTC) It made it very difficult to predict. Leading cryptocurrency Bitcoin has fallen by 5% in the last 24 hours and is back again. $40,000 remained under. A famous CEO thinks that all these are temporary price movements.
When Will BTC See $100,000?
Bitbull Capital CEO Joe DiPasquale Despite the bearish trend that has dominated the crypto markets since the beginning of the year, Bitcoin (BTC) is expected to rise in the next 24 months. $100,000 He thinks he’s on his way.
I think 2023 is a safe period. In 2022 we may need some time to breathe and kind of let off steam and calm down.
Bitcoin has had quite complex responses to these after a military conflict erupted between Russia and Ukraine. Although it fell with the stocks at first, it recovered strongly afterwards.
Many investors were wondering if BTC could still be considered a digital version of gold, and this battle gave some insight into the thought. In his statement on the subject, the famous CEO emphasized that Bitcoin is not “yet” ready to be seen as digital gold. According to the famous name, Bitcoin is still a cryptocurrency.
Still, the fact that both sides use cryptocurrencies under the shadow of war reflects very well what a revolution this was. In his statement on the subject, DiPasquale added that Bitcoin is fully traceable, adding that it has escaped its status as an asset used by criminals.