đď¸đď¸Bitcoin price wonât âdramaticallyâ increase from here, says billionaire
đď¸Peter Thiel also believes that Bitcoinâs original vision as a cypherpunk, crypto-anarchist freedom tool hasnât been fulfilled.
Former PayPal CEO Peter Thiel has expressed doubts about the potential for Bitcoinâs price to increase significantly from its current levels.
The billionaire â who still owns âsomeâ Bitcoin but not as much as he âshould haveâ â isnât sure where the next batch of buyers will come from now that Bitcoin BTC has had its âETF edition.â
đâIâm not sure itâs going to go up that dramatically from here. We got the ETF edition, and I donât know who else buys it,â Thiel, a founder of the Founders Fund, told CNBC on June 28.đ
âIt probably still can go up some but itâs going to be a volatile, bumpy ride