Flow-er
Active member
There are predictions and counter predictions of the price of bitcoin. We have seen expert predict bitcoin to reach the all-time new high of $100k, some predicted $150k and so many versions have been made . The shocker is that bitcoin may not be able to attain any of the predicted figures if certain conditions are not met.
There is no doubt that the record showed that bitcoin will grow no matter the terrain. The price of bitcoin as surge since the past 12 years and there as never been a decline on a yearly basis. This is what makes the bitcoin a good store of value and it has seen a tremendous growth ever since.
Kelvin O'Leary, the famous shark tank investor has a counter-prediction on the bitcoin movement. He cited that we should not expect bitcoin to double up if it's not bought by institutional whales . "Until the institutional whales started to see reasons why they should buy bitcoin, it will not double its price " he explained.
Bitcoin will not reach $100k, and the doubled to #200k etc if the institutions are not investing 2% to 3% of their assets in the king coin. This is indeed a shocker coming from the shark tank investor. It seem I will throw my weight behind him, because bitcoin is struggling to break the all-time high record since Elon Musk withdrew it as an option of payment for Tesla's electric cars.
There is no doubt that the record showed that bitcoin will grow no matter the terrain. The price of bitcoin as surge since the past 12 years and there as never been a decline on a yearly basis. This is what makes the bitcoin a good store of value and it has seen a tremendous growth ever since.
Kelvin O'Leary, the famous shark tank investor has a counter-prediction on the bitcoin movement. He cited that we should not expect bitcoin to double up if it's not bought by institutional whales . "Until the institutional whales started to see reasons why they should buy bitcoin, it will not double its price " he explained.
Bitcoin will not reach $100k, and the doubled to #200k etc if the institutions are not investing 2% to 3% of their assets in the king coin. This is indeed a shocker coming from the shark tank investor. It seem I will throw my weight behind him, because bitcoin is struggling to break the all-time high record since Elon Musk withdrew it as an option of payment for Tesla's electric cars.
