Here's a simplified version: $BTC Jack Mallers, $CEO of Strike, a Bitcoin wallet app, thinks Bitcoin's price could skyrocket in the next year or so. He believes it could go up by 260% to 1,357%, reaching anywhere from $250,000 to $1 million. Mallers says this is because the U.S. might print more money to deal with its huge debt, which could make Bitcoin more valuable. He also thinks Bitcoin could hit $250,000 because of financial instability. Mallers says that even though interest rates are high, printing more money can lead to inflation, making Bitcoin an attractive investment. #EarnFreeCrypto2024
Market Status - 25th May The crypto market is ranging nicely into the weekend. With $BTC close 70k, $ETH at 3.8k, and many #altcoins in the green. ➡️ In terms of Bitcoin a weekly close above 70,000 would signal further bullish strength. Based on the current level this seems absolutely doable. ➡️ Many altcoins show a perfect setup for some massive gains in the upcoming days and weeks. ➡️ In terms of trading signal, we can see a balanced picture between bullish and bearish signals. However, this will quickly change once the market starts to move upwards (or downwards). Summarized: The market continues to show bullish signs and it is just a question of when we will see massive pumps (imho).