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920: KRAKEN’S DAN HELD SAYS BITCOIN SUPERCYCLE STILL IN PLAY - HERE’S WHY!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
920: KRAKEN’S DAN HELD SAYS BITCOIN SUPERCYCLE STILL IN PLAY - HERE’S WHY!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
24 minutes
Released:
May 6, 2022
Format:
Podcast episode
Description
Kraken director of growth marketing Dan Held says the Bitcoin (BTC) supercycle theory that he first put forward in 2019 still holds water.
According to Held, the theory advances the idea that a perfect storm such as mistrust in governments and institutions, will propel the mainstream adoption of Bitcoin and drive up the price of the leading crypto asset.
“If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn’t repeat itself, so it’s probably not going to be exactly that, but if it did, that would be my best price point.
So my price point, I would say that I think it’s going to land probably between [$100,000 and $300,000]. But if we match 2013 again, it could be [$300,000 to $400,000].”
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According to Held, the theory advances the idea that a perfect storm such as mistrust in governments and institutions, will propel the mainstream adoption of Bitcoin and drive up the price of the leading crypto asset.
“If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn’t repeat itself, so it’s probably not going to be exactly that, but if it did, that would be my best price point.
So my price point, I would say that I think it’s going to land probably between [$100,000 and $300,000]. But if we match 2013 again, it could be [$300,000 to $400,000].”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 6, 2022
Format:
Podcast episode
Titles in the series (100)
610: MAX KEISER SAYS, BITCOIN TIPPED TO HIT $220K AS CHINA SHUTDOWN SEES MINERS AIRLIFT EN MASSE TO USA!!: CHINA's Bitcoin crackdown has caused the nation's miners to flee en-masse and set up operations in the US, with one expert Max Keiser stating the move affirms his price target of "$220,000 BTC for 2021". Referring to the move by China Bitcoin pioneer... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News