560: BITCOIN CAN GO STRAIGHT TO $1 MILLION THIS BULL CYCLE!! ETHEREUM CO-FOUNDER BECOMES BILLIONAIRE!!
Manage episode 291415846 series 2835096
Dan Held, head of growth at Crypto exchange Kraken in a new interview asserts that if Bitcoin can break $300,000, the bullish narrative surrounding the BTC may be so overpowering that there won’t be enough sellers to drive down the price.
“What happens when ownership of Bitcoin moves from 0.01% of the world to 1%? What happens when part of the $100 trillion managed by institutions flows into Bitcoin to preserve wealth?
It certainly won’t be going from $20,000 to $100,000. It could move from $20,000 to $1 million and then only have smaller cycles after. This may be one of the final big cycles.”
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