🆘️🆘️Bitcoin price won’t ‘dramatically’ increase from here, says billionaire
🆘️Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist freedom tool hasn’t been fulfilled.
Former PayPal CEO Peter Thiel has expressed doubts about the potential for Bitcoin’s price to increase significantly from its current levels.
The billionaire — who still owns “some” Bitcoin but not as much as he “should have” — isn’t sure where the next batch of buyers will come from now that Bitcoin BTC has had its “ETF edition.”
👀“I’m not sure it’s going to go up that dramatically from here. We got the ETF edition, and I don’t know who else buys it,” Thiel, a founder of the Founders Fund, told CNBC on June 28.👀
“It probably still can go up some but it’s going to be a volatile, bumpy ride