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NewsBTC 2022-03-10 11:50:43

Bitcoin On Course To Hit $100K Nine Months From Now, Bitbull CEO Predicts

Even in times of war, the intrigue and enigma that have always surrounded Bitcoin – the world’s most sought-after digital asset – still hog the headlines. In cases like these, Russia’s protracted invasion of Ukraine has put the entire cryptocurrency market to the test multiple times over. Despite a decline in the price of Bitcoin since November, the digital asset is still on course to hit the vaunted $100,000 per coin mark, according to the CEO of a cryptocurrency and blockchain hedge fund management firm. $100,000 Still A Possibility For Bitcoin Joe DiPasquale shared his viewpoints about Bitcoin’s role in the Russia-Ukraine war and his bullish forecast for the cryptocurrency markets in the coming months. According to the Bitbull CEO, despite the gloomy mood that has dominated the crypto markets since the start of the year, Bitcoin is still on course to hit $100K within the next 24 months. DiPasquale stated that the year 2023 is “a fair bet” and that people may require some time this year to “relax and let off some steam.” Biden Crypto EO Lifts Bitcoin On Thursday, a robust Wall Street surge — mixed with anticipation about US President Joe Biden’s cryptocurrency executive order — aided in the recovery of digital currencies such as Bitcoin, which gained nearly 10% to around $42,000. Speaking of “safe bets,” it appears as though DiPasquale’s positive p...

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