Bitcoin To Hit $1 Million In Next 10 To 18 Months, Says Crypto Analyst: 'We're Still So Early In The Bitcoin Story'
Portfolio Pulse from Bibhu Pattnaik
Jack Mallers, CEO of Strike, predicts Bitcoin could reach $1 million within 10 to 18 months due to currency debasement and increased asset prices. He emphasizes the impact of the U.S. government's money printing on Bitcoin's value.
May 25, 2024 | 4:11 pm
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Jack Mallers, CEO of Strike, forecasts Bitcoin could reach $1 million within 10 to 18 months due to the U.S. government's need to print more money, leading to currency debasement and increased asset prices.
Mallers' prediction is based on the U.S. government's ongoing money printing to manage its debt, which he believes will lead to currency debasement and drive up asset prices, including Bitcoin. This aligns with bullish sentiments in the cryptocurrency market.
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