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Crypto trader and YouTuber Ben Armstrong aka ‘Bitboy Crypto’ is predicting that Bitcoin will kick it into hyperdrive after shattering $100,000 by the end of the second quarter, largely driven by the expiry of the quarterly futures contracts.
“I think the end of this bull run is the end of September, so we’ll give it another month to run, and then match the stock-to-flow, you know, somewhere between $290,000, $320,000.”
In other trending Cryptocurrency News today:
Macro guru Raoul Pal says a new milestone for Ethereum demonstrates the platform’s ability to command the crypto and financial sectors.
“Things move faster than the speed of light in crypto adoption….It is a test that tacitly accepts that crypto offers better settlement, custody and transfer for the global bond market. Something I have talked about for a decade… in the end, all securities of all types will migrate across to public blockchains.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
JPMorgan Offering Bitcoin Investments to High Net Worth Clients – Report