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Price Prediction

Bitcoin will decrease as soon as BTC reaches $ 130,000: BitWise

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The CEO of BitWise Hunter Hunt says that the pressure on Bitcoin will decrease as soon as the pioneering Crypto by the maximum market reaches $ 130,000 per coin.

“I think, as soon as Bitcoin ends, for example, 130-150 thousand dollars, no one will sell Bitcoin,” he said on June 11. mail.

Bitcoin climbs while companies are increasingly used Bitcoin climbs while companies are increasingly used

Bitcoin selling from the first buyers “Will Peter Off”

She continued to say that the current market pressure pressure is mainly of investors who bought BTC at much lower prices, and they are now looking at the brand of $ 100,000 as a strategic exit point.

BitWise CEO added that pressure from these investors will be short -term. He said, “Once Bitcoin is broken new levels, this will lead to its operation,” referring to the sale activity.

His belief that the current sellers are the investors who bought at much lower prices that are compatible with a previous note from the Silsnode series. before BTC More than $ 100,000 collapsed on May 8, the company said that there is a “noticeable increase” for the older investors who sell once the main level reached.

Bitcoiners will find ways to reach liquidity without selling

He added that Bitcoin investors will search for alternative ways to reach liquidity without selling even with their high profit margins.

“From an upward, when people need liquidity, they will borrow from a group of continuous growing lenders,” he said. He added that this liquidity may pay the BTC price, on the pretext that there will be enough bitcoin to meet the demand.

Silor recently Repeat Similar emerging feelings. Speaking to Bloomberg on June 10, the CEO of the strategy said that there are about 450 Bitcoin available for sale every day by miners.

“On the current price level, it takes only 50 million dollars to transfer the full management column of the encryption economy in one role,” Sailor later concluded.

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