Cryptocurrency

Messina CEO willing to bet his Porsche on BTC reaching $60K again

Zegex

Former White House Deputy Chief of Staff and Messina Group CEO Jim Messina said he is ready to bet on his Porsche car as he expects Bitcoin to rise to $60,000. rice field.

inside interview In an interview with Fox Business on October 27, Messina said cryptocurrencies are one of the most exciting developments of this generation.

Bitcoin Maximalists said they are bullish and buying more bitcoin despite the major cryptocurrency losing more than 60% of its value year-to-date.

Messina added that you can bet on his Porsche that Bitcoin will return to $60,000 after rising $20,000.

Messina pointed out that for Bitcoin to emerge as a cryptocurrency winner, many โ€œBS projectsโ€ need to be removed.

Bitcoin Maxis predicts big

When Bitcoin was trading at $24,000 in August, Kraken CEO Jesse Powell said he plans to use 1 Bitcoin to buy a Bugatti (about $1.9 million) by the end of 2022. rice field.

Bloomberg analyst Mike McGlone also expressed a bullish stance on Bitcoin, predicting it could reach $100,000 by 2025.

Galaxy Digital CEO Michael Novogratz has said that Bitcoin could hit $500,000 by the end of 2027, given the rising adoption rate of cryptocurrencies.

bitcoin on the rise

Bitcoin is slowly regaining its safe-haven status as local currencies and tech stocks languish.

Following the crash of the British pound in early September, British investors reportedly traded Bitcoin for around ยฃ846 million.

Increased buying pressure from the UK and US markets pushed Bitcoin price above $20,000, a six-week high. It rose to $20.585 in the last 24 hours.

Bitcoin’s recent positive action has separated the flagship cryptocurrency from big tech stocks such as Google and Meta, dropping 6% and 20% respectively.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button