The end of 2020 and especially the beginning of 2021 was a period of historical peaks for Bitcoin. However, BTC entered a downward trend in the second half of January. However, the famous CEO thinks that Bitcoin will go up to $ 55,000.
Factors that will make Bitcoin 55 thousand dollars
Anthoney Denier, CEO of technology and investment firm Webull, made an ambitious prediction about Bitcoin.
Denier believes that Bitcoin could rise to $ 55,000 by the end of the year.
The bitcoin price was trading at $ 42,000 in early January, reaching all-time highs. BTC has lost nearly $ 10,000 in value since then. Leading crypto is still trading for over $ 30,000; however, investors know that BTC can perform much better.
Denier tells investors not to worry:
Guys, I don't know if Bitcoin will drop next month, but I think Bitcoin will rise even more over time.
For the CEO's offer of $ 55,000, Bitcoin should increase by about 70%. Denier believes that the institutional interest in Bitcoin, the interest of Wall Street investors and especially the digital gold rhetoric are factors that will trigger the price increase.
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HOME CRYPTO MONEY NEWS BITCOIN WILL BE 55 THOUSAND DOLLARS! YOU ASK WHY?
CRYPTO MONEY NEWS 31 January 2021 Burhan Kabaday?
Bitcoin will be 55 thousand dollars! You ask why?
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Bitcoin will be 55 thousand dollars! You ask why?
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The end of 2020 and especially the beginning of 2021 was a period of historical peaks for Bitcoin. However, BTC entered a downtrend in the second half of January. However, the famous CEO thinks Bitcoin will go up to $ 55,000.
Factors that will make Bitcoin 55 thousand dollars
Anthoney Denier, CEO of technology and investment firm Webull, made an ambitious prediction about Bitcoin.
Denier believes that Bitcoin could rise to $ 55,000 by the end of the year.
Denier:
BTC will come to a higher point.
"Daisyturki to"
Bitcoin price traded at $ 42,000 in early January, hitting all-time highs. BTC has lost nearly $ 10,000 in value since then. Leading crypto is still trading for over $ 30,000; however, investors know that BTC can perform much better.
Denier tells investors not to worry:
Guys, I don't know if Bitcoin will drop next month, but I think Bitcoin will rise even more over time.
For the CEO's offer of $ 55,000, Bitcoin should increase by about 70%. Denier believes that the institutional interest in Bitcoin, the interest of Wall Street investors and especially the digital gold rhetoric are the factors that will trigger the price increase.
"Daisyturki to"
Why is gold worth more than silver? It's not that we use gold to build buildings. A long time ago someone said “This metal is really valuable and I want it” and everyone jumped on the same ship and people believe gold has this incredible value. So this is a collective consciousness. Same thing with Bitcoin. It's a collective consciousness that people say "Yes, it has value."
Anthoney Denier points out that many of the current crypto supporters are younger generation members. The CEO is of the opinion that this generation will see that Bitcoin will truly become mainstream and become established on legitimate grounds. The generation that grows with Bitcoin will trust and support it more.
Denier also sees current inflation expectations as another factor that will strengthen Bitcoin in the coming periods.
