22 min listen
972: CRYPTO INFLUENCER ADAM BACK SAYS BITCOIN CAN STILL HIT $100K THIS YEAR AS THE DEFI SECOR CRUMBLES!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
972: CRYPTO INFLUENCER ADAM BACK SAYS BITCOIN CAN STILL HIT $100K THIS YEAR AS THE DEFI SECOR CRUMBLES!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
27 minutes
Released:
Jun 29, 2022
Format:
Podcast episode
Description
Crypto influencer Adam Back, inventor of Hashcoin (which is used in Bitcoin mining) and CEO of Blockstream, shared his thoughts on Bitcoin recently.
Responding to a Tweet claiming that Bitcoin would still hit six figures during the next market cycle, Back said that he believes Bitcoin could actually hit $100,000 this year as the DeFi sector crumbles.
Despite the cryptocurrency market being down significantly from previous highs, Adam Back remains bullish. In the midst of widespread fear and 40-year record inflation levels, Adam Back reiterated a statement from last year in which he claimed Bitcoin ($BTC) would hit $100,000 by year-end. Of course, we now know Back missed his mark on the previous forecast but BTC did briefly surge to almost $70,000 during November.
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Responding to a Tweet claiming that Bitcoin would still hit six figures during the next market cycle, Back said that he believes Bitcoin could actually hit $100,000 this year as the DeFi sector crumbles.
Despite the cryptocurrency market being down significantly from previous highs, Adam Back remains bullish. In the midst of widespread fear and 40-year record inflation levels, Adam Back reiterated a statement from last year in which he claimed Bitcoin ($BTC) would hit $100,000 by year-end. Of course, we now know Back missed his mark on the previous forecast but BTC did briefly surge to almost $70,000 during November.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jun 29, 2022
Format:
Podcast episode
Titles in the series (100)
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