Switzerland’s St. Speaking to CNBC at the “Crypto Finance Conference” held in the city of Moritz, SEBA Bank CEO Guido Buehler shared his Bitcoin predictions for 2022.
Noting that the institutional demand for Bitcoin is increasing day by day, Buehler said that there is a possibility that the price of Bitcoin may rise to $ 75,000 in 2022.
“Our valuation model for Bitcoin at SEBA Bank currently shows a price between $50,000 and $75,000.
Because we think that the BTC price will rise with the interest of corporate companies in Bitcoin.
I’m pretty sure we’re going to see that level. But just when that will happen is hard to predict.”
When asked if the famous CEO could test Bitcoin’s $69,000 ATH seen last November, “I think ATH will be retested. But the volatility in Bitcoin will be higher.” said.
Speaking at the same conference with SEBA Bank CEO Guido Buehler, Ledger CEO Pascal Gauthier also said that Bitcoin will break records again, but the rise in BTC will be through individual investors.
SEBA Bank also remains on the agenda with its positive stance towards the crypto market. Because, it had collected 120 million dollars in the Series C funding round, which was completed with the participation of the famous bank FTX and Alameda Research.
*Not investment advice.