Thursday, April 25, 2024
8.3 C
London
HomeCrypto AnalysisBitcoin may reach one million dollars, but not until later in 2032.

Bitcoin may reach one million dollars, but not until later in 2032.

Some experts in the digital currency field have predicted that the price of Bitcoin will reach one million dollars within 90 days, but many people in the industry have not agreed with this bold prediction. YouTuber Ben Armstrong, known as BitBoy, has suggested that Bitcoin may reach one million dollars, but not until later in 2032.

In addition, risk expert Nassim Taleb criticized this prediction, while Peter Brandt, who works in commodity trading, called this bet “stupid.” Jesse Powell, CEO of the Kraken platform, also stated that Bitcoin will trend towards infinity in dollars, and this prediction of around one million dollars may seem reasonable, but he also pointed out that this could happen within the next decade.

On the other hand, BitBoy was blocked again by Kevin O’Leary, a Bitcoin investor and Shark Tank partner, after filing a lawsuit against him for promoting FTX, which promised to pay him but then suffered a financial collapse.

SourceU.Today

DISCLAIMER

As per the principles outlined by the Trust Project, Cryptozia remains dedicated to delivering impartial and transparent reporting. This news article is intended to offer precise and punctual information. Nevertheless, it is recommended that readers autonomously corroborate the facts and seek advice from a qualified expert prior to making any decisions reliant on this content.

latest articles

explore more