 ▲ Bitcoin (BTC) |
Cryptocurrency leader Bitcoin (BTC) is trading in the $69,000 range as of the 12th (Korean time). This is about 6% lower than the all-time high of $73,750 achieved on March 14th. However, the forecast for Bitcoin’s six-digit strength continued today.
Matthew Sigel, head of digital asset research at Van Eck, said in an interview with DL News, “It is highly likely that Bitcoin will rise to more than $350,000 within 10 years. He also predicted that it would not be impossible for cryptocurrency ETFs to grow to $500 trillion within the next five years.
He said, “The big reason why Bitcoin can rise is the changing tone of the political world and the increasing preference of young people. A cryptocurrency-friendly candidate will emerge victorious in the upcoming US presidential election. In the short term, investors are expected to purchase Bitcoin until November. “This is because it helps former U.S. President Donald Trump get elected,” he explained.
Meanwhile, Robert Kiyosaki, author of the best-selling economic book 'Rich Dad, Poor Dad', said through “It’s very difficult to make millions as an entrepreneur.”
