$BTC

Peter Schiff recently expressed regret that he did not purchase Bitcoin back in 2010. Despite the fact that the financier does not believe in the benefits of BTC technology, he said that he could make good money on the cryptocurrency run in 2024.

One of the founders of Blockstream, Samson Moe, supports those investors who are now entering Bitcoin.

In his opinion, in the medium term the digital currency will reach $1 million. We will see confident growth over the next few years. In the worst case scenario, a breakthrough to $1 million will take place in 2025; the first results of the bullish phase that has started will appear already this year, Mou noted.

The mood among investors changed after Bitcoin ETFs appeared on the American stock market. Institutions use this very tool to enter into an asset.