The head of the popular crypto platform expressed confidence that Bitcoin will reach at least $100,000 by the beginning of next year.
CoinList CEO Graham Jenkin in an interview with CNBC stated that despite the correction below $60,000 per coin, Jenkin came to conclusion that the cost of military-technical cooperation could rise to $100,000 next year. He agrees with the early forecasts of Michael Novogratz and Mike McGlone, but adjusted for the timing of the target price.
According to CNBC, several financial industry experts have similar confidence in the rise in the value of the first cryptocurrency. In their opinion, high inflation and ETF launch create an ideal macro environment for Bitcoin to be recognized as a profitable inflation hedge.
Earlier this month, famous crypto trader Paul Tudor Jones noted that he views the first cryptocurrency as a more profitable financial investment than gold.
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