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$BTC Donald Trump will lower tariffs in favor of China! #btc250k
$BTC Donald Trump will lower tariffs in favor of China! #btc250k
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$BTC BTC being quoted at 100k in just a few hours. it's still very cheap! wise people are buying large quantities. #btc250k
$BTC BTC being quoted at 100k in just a few hours. it's still very cheap! wise people are buying large quantities. #btc250k
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$BTC or BTC is the only value asset immune to global catastrophes #btc250k
$BTC or BTC is the only value asset immune to global catastrophes
#btc250k
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$BTC start buying soon, it will be a very loud explosion over 100k #btc250k
$BTC start buying soon, it will be a very loud explosion over 100k #btc250k
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$BTC let's ensure that soon BTC will make an explosion above 100k #btc250k
$BTC let's ensure that soon BTC will make an explosion above 100k
#btc250k
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$BTC or BTC is eating away at the sell book! Soon comes 100k #btc250k
$BTC or BTC is eating away at the sell book! Soon comes 100k #btc250k
GMD khan
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Seems like the 10,000 BTC was all his holdings.
Lol 😂 guess the pizzas 🍕 were so pricey, the delivery guy retired to a yacht while my buddy still googling how to un-eat almost a billion dollar mistake!
#HODL #ETHBreaks2k #BMTOnBinance #RippleVictory

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$BTC Currently, BTC is among the 5 most valuable assets on the planet! 🤣🤣🤣🤣🤣🤣🤣🤣🤣 #btc250k
$BTC Currently, BTC is among the 5 most valuable assets on the planet! 🤣🤣🤣🤣🤣🤣🤣🤣🤣 #btc250k
DeepSeek AI Predicts Bitcoin Price to Hit $250K by 2026: A Bold ForecastDeepSeek AI, an innovative AI assistant, has stirred excitement within the cryptocurrency community by predicting that Bitcoin (BTC) could soar to $250,000 by 2026. While some experts forecast a more conservative price of $120,000, DeepSeek’s optimistic projection has sparked discussions about the potential factors driving Bitcoin’s future growth. DeepSeek AI’s Bitcoin Price Prediction for 2026 🔮💸 DeepSeek AI has outlined three scenarios for Bitcoin’s price trajectory by 2026, highlighting the uncertainties and opportunities that could shape its value: Bullish Scenario ($150,000 – $250,000):Institutional investments surge.Favorable regulations.Post-halving demand spikes.Bitcoin emerges as “digital gold,” propelling prices to unprecedented levels.Moderate Scenario ($80,000 – $120,000):Gradual adoption with steady growth.Regulatory challenges and market corrections slow progress.Bearish Scenario ($30,000 – $50,000):Economic instability, regulatory crackdowns, or geopolitical tensions trigger a downturn. Despite acknowledging potential bearish risks, DeepSeek AI remains optimistic that increasing institutional backing and market maturity could drive Bitcoin toward the higher end of its bullish forecast. Key Drivers Behind DeepSeek’s Prediction 🧐🔑 Institutional Inflows:The growing interest from institutional investors could boost Bitcoin demand and increase prices significantly.Bitcoin Halving Events:Scheduled every four years, halving events reduce the block rewards for miners, creating scarcity and pushing prices upward.Regulatory Clarity:The establishment of clear regulatory frameworks, especially in the U.S. and Europe, is crucial for broader adoption. However, overly strict regulations could pose challenges. DeepSeek AI also highlights the importance of the Stock-to-Flow (S2F) model, which suggests that Bitcoin’s price tends to rise as supply diminishes, particularly after halving events. AI Models Share Optimistic Views 🤖💡 DeepSeek AI is not alone in its bold prediction. Other AI models, such as OpenAI’s ChatGPT, share a similar outlook, forecasting Bitcoin’s price to hit $250,000 by 2026 due to increased institutional adoption and Bitcoin’s growing reputation as a store of value. Meanwhile, Google’s Gemini AI offers a more conservative estimate of $200,000, reflecting cautious optimism while acknowledging the bullish trends in the cryptocurrency market. Bitcoin’s Path to Mainstream Adoption 🌐💳 DeepSeek’s forecast highlights Bitcoin’s growing potential to become a mainstream asset. As adoption expands, its role as a hedge against inflation and a digital store of value continues to strengthen, making it a central focus for institutional and retail investors alike. Conclusion: Bitcoin’s Bright Yet Uncertain Future 🌟📉📈 DeepSeek AI’s prediction of Bitcoin reaching $250,000 by 2026 has generated considerable buzz, reflecting the market’s bullish sentiment. While speculative, the forecast is based on market trends, halving cycles, and institutional support. However, Bitcoin’s future remains tied to regulatory decisions, macroeconomic factors, and market dynamics. Regardless, the potential for significant growth is undeniable, making it an asset to watch closely. Stay updated with The Bit Journal as we monitor the evolving crypto landscape and bring you insights from innovative AI tools like DeepSeek. Hashtags and Emojis #BitcoinPrediction 🚀 #CryptoNews 💸 #DeepSeekAI 🤖 #BTC250K 📈 🥇 #CryptoForecast 🔮 $BTC $XRP $SOL {spot}(BTCUSDT) {spot}(XRPUSDT) {spot}(USDCUSDT)

DeepSeek AI Predicts Bitcoin Price to Hit $250K by 2026: A Bold Forecast

DeepSeek AI, an innovative AI assistant, has stirred excitement within the cryptocurrency community by predicting that Bitcoin (BTC) could soar to $250,000 by 2026. While some experts forecast a more conservative price of $120,000, DeepSeek’s optimistic projection has sparked discussions about the potential factors driving Bitcoin’s future growth.

DeepSeek AI’s Bitcoin Price Prediction for 2026 🔮💸
DeepSeek AI has outlined three scenarios for Bitcoin’s price trajectory by 2026, highlighting the uncertainties and opportunities that could shape its value:
Bullish Scenario ($150,000 – $250,000):Institutional investments surge.Favorable regulations.Post-halving demand spikes.Bitcoin emerges as “digital gold,” propelling prices to unprecedented levels.Moderate Scenario ($80,000 – $120,000):Gradual adoption with steady growth.Regulatory challenges and market corrections slow progress.Bearish Scenario ($30,000 – $50,000):Economic instability, regulatory crackdowns, or geopolitical tensions trigger a downturn.
Despite acknowledging potential bearish risks, DeepSeek AI remains optimistic that increasing institutional backing and market maturity could drive Bitcoin toward the higher end of its bullish forecast.
Key Drivers Behind DeepSeek’s Prediction 🧐🔑
Institutional Inflows:The growing interest from institutional investors could boost Bitcoin demand and increase prices significantly.Bitcoin Halving Events:Scheduled every four years, halving events reduce the block rewards for miners, creating scarcity and pushing prices upward.Regulatory Clarity:The establishment of clear regulatory frameworks, especially in the U.S. and Europe, is crucial for broader adoption. However, overly strict regulations could pose challenges.
DeepSeek AI also highlights the importance of the Stock-to-Flow (S2F) model, which suggests that Bitcoin’s price tends to rise as supply diminishes, particularly after halving events.
AI Models Share Optimistic Views 🤖💡
DeepSeek AI is not alone in its bold prediction. Other AI models, such as OpenAI’s ChatGPT, share a similar outlook, forecasting Bitcoin’s price to hit $250,000 by 2026 due to increased institutional adoption and Bitcoin’s growing reputation as a store of value.
Meanwhile, Google’s Gemini AI offers a more conservative estimate of $200,000, reflecting cautious optimism while acknowledging the bullish trends in the cryptocurrency market.
Bitcoin’s Path to Mainstream Adoption 🌐💳
DeepSeek’s forecast highlights Bitcoin’s growing potential to become a mainstream asset. As adoption expands, its role as a hedge against inflation and a digital store of value continues to strengthen, making it a central focus for institutional and retail investors alike.

Conclusion: Bitcoin’s Bright Yet Uncertain Future 🌟📉📈
DeepSeek AI’s prediction of Bitcoin reaching $250,000 by 2026 has generated considerable buzz, reflecting the market’s bullish sentiment. While speculative, the forecast is based on market trends, halving cycles, and institutional support.
However, Bitcoin’s future remains tied to regulatory decisions, macroeconomic factors, and market dynamics. Regardless, the potential for significant growth is undeniable, making it an asset to watch closely.
Stay updated with The Bit Journal as we monitor the evolving crypto landscape and bring you insights from innovative AI tools like DeepSeek.
Hashtags and Emojis
#BitcoinPrediction 🚀 #CryptoNews 💸 #DeepSeekAI 🤖 #BTC250K 📈 🥇 #CryptoForecast 🔮
$BTC $XRP $SOL

Bitcoin forecast to hit $200K by end of 2025: Bernstein Research🚀🚀Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election. Read till last line. The price of Bitcoin $BTC {spot}(BTCUSDT) tickers down $67,150 could go as high as $200,000 by the end of 2025 as the cryptocurrency enters “a new institutional era,” according to an Oct. 22 report by Bernstein Research. Bernstein’s 160-page “Black Book” makes the case for why Bitcoin miners will continue to consolidate the industry, Matthew Sigel, VanEck’s head of digital asset research, said in an Oct. 23 post on the X platform. “Ten global asset managers now own ~$60Bn wrapped as regulated [exchange-traded funds] compared with $12Bn in September 2022,” according to the report.“By 2024 end, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” Bernstein said. Source: The ETF Store Related: Bet more on the Bitcoin miners cashing in on AI Bitcoin has dominated the ETF landscape this year, comprising six of the top 10 most successful launches in 2024, according to a post on the X platform by Nate Geraci, president of The ETF Store — an investment adviser. Institutional analysts, including Bernstein, JP Morgan and hedge fund veteran Paul Tudor Jones, are increasingly bullish on BTC ahead of the United States presidential election in November. Investors are turning toward gold and BTC in a “debasement trade” as they brace for a “catastrophic scenario” amid rising geopolitical tensions, JPMorgan said in an Oct. 3 report. “Rising geopolitical tensions and the coming [United States] election are likely to reinforce the ‘debasement trade’ thus favoring both gold and Bitcoin,” according to the report, which JPMorgan shared with Cointelegraph. The so-called debasement trade refers to a spike in gold demand caused by factors ranging from “structurally higher geopolitical uncertainty since 2022, to persistent high uncertainty about the longer-term inflation backdrop, to concerns about […] persistently high government deficits across major economies,” JPMorgan said. On Oct. 22., Jones, who founded the hedge fund Tudor Investment Corporation, said he is longing Bitcoin and other commodities because “all roads lead to inflation” after the US presidential election. “I probably have some basket of gold, Bitcoin, commodities and Nasdaq [technology stocks], and I would own zero fixed income,” Jones said on CNBC’s Squawk Box. Source: Matthew Sigel Meanwhile, Bitcoin miners are poised to recover from a post-halving slump in mid-2024 as the industry consolidates and cashes in on energy demand from artificial intelligence, according to Bernstein. “We expect Riot, ClearSpark and Marathon to consolidate the Bitcoin mining industry,” Bernstein said. The Bitcoin network’s April halving event reduced mining rewards from 6.25 BTC to 3.125 BTC per crypto Meanwhile, the demand for AI-powered computational power is surging. Nick Hansen, CEO of mining firm Luxor, reportedly said miners could earn $2 to $3 from AI per kilowatt-hour (kWh) of energy expended, compared to $0.15–$0.20 from BTC mining. Several Bitcoin miners, including Core Scientific, Hive Digital Technologies and Hut 8, are embracing AI as a secondary revenue source. Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. #BTCMiningDifficultyRecord #UptoberBTC70K? #CryptoPreUSElection #btc250k #XRPDonationsUSElections

Bitcoin forecast to hit $200K by end of 2025: Bernstein Research🚀🚀

Bernstein’s report is the latest in a series of bullish forecasts from institutional market researchers ahead of the November US presential election. Read till last line.

The price of Bitcoin
$BTC
tickers down $67,150 could go as high as $200,000 by the end of 2025 as the cryptocurrency enters “a new institutional era,” according to an Oct. 22 report by Bernstein Research.

Bernstein’s 160-page “Black Book” makes the case for why Bitcoin miners will continue to consolidate the industry, Matthew Sigel, VanEck’s head of digital asset research, said in an Oct. 23 post on the X platform.

“Ten global asset managers now own ~$60Bn wrapped as regulated [exchange-traded funds] compared with $12Bn in September 2022,” according to the report.“By 2024 end, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” Bernstein said.

Source: The ETF Store
Related: Bet more on the Bitcoin miners cashing in on AI
Bitcoin has dominated the ETF landscape this year, comprising six of the top 10 most successful launches in 2024, according to a post on the X platform by Nate Geraci, president of The ETF Store — an investment adviser.

Institutional analysts, including Bernstein, JP Morgan and hedge fund veteran Paul Tudor Jones, are increasingly bullish on BTC ahead of the United States presidential election in November.

Investors are turning toward gold and BTC in a “debasement trade” as they brace for a “catastrophic scenario” amid rising geopolitical tensions, JPMorgan said in an Oct. 3 report.

“Rising geopolitical tensions and the coming [United States] election are likely to reinforce the ‘debasement trade’ thus favoring both gold and Bitcoin,” according to the report, which JPMorgan shared with Cointelegraph.

The so-called debasement trade refers to a spike in gold demand caused by factors ranging from “structurally higher geopolitical uncertainty since 2022, to persistent high uncertainty about the longer-term inflation backdrop, to concerns about […] persistently high government deficits across major economies,” JPMorgan said.

On Oct. 22., Jones, who founded the hedge fund Tudor Investment Corporation, said he is longing Bitcoin and other commodities because “all roads lead to inflation” after the US presidential election.

“I probably have some basket of gold, Bitcoin, commodities and Nasdaq [technology stocks], and I would own zero fixed income,” Jones said on CNBC’s Squawk Box.
Source: Matthew Sigel
Meanwhile, Bitcoin miners are poised to recover from a post-halving slump in mid-2024 as the industry consolidates and cashes in on energy demand from artificial intelligence, according to Bernstein.

“We expect Riot, ClearSpark and Marathon to consolidate the Bitcoin mining industry,” Bernstein said.

The Bitcoin network’s April halving event reduced mining rewards from 6.25 BTC to 3.125 BTC per crypto Meanwhile, the demand for AI-powered computational power is surging.

Nick Hansen, CEO of mining firm Luxor, reportedly said miners could earn $2 to $3 from AI per kilowatt-hour (kWh) of energy expended, compared to $0.15–$0.20 from BTC mining.

Several Bitcoin miners, including Core Scientific, Hive Digital Technologies and Hut 8, are embracing AI as a secondary revenue source.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news.

#BTCMiningDifficultyRecord #UptoberBTC70K? #CryptoPreUSElection #btc250k #XRPDonationsUSElections
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Bullish
Switzerland Has Dreams Of Bitcoin In The Reserves $BTC #BtcNewHolder #btc250k Swiss citizens are hustling to push Bitcoin into the Swiss National Bank's reserves - 100,000 signatures needed to lock in a referendum. The plan? Amend the constitution to slide BTC alongside gold as a reserve asset. If they pull it off, Switzerland could level up as the ultimate crypto hub. Source: CoinGape {future}(BTCUSDT)
Switzerland Has Dreams Of Bitcoin In The Reserves
$BTC #BtcNewHolder #btc250k

Swiss citizens are hustling to push Bitcoin into the Swiss National Bank's reserves - 100,000 signatures needed to lock in a referendum.
The plan? Amend the constitution to slide BTC alongside gold as a reserve asset.
If they pull it off, Switzerland could level up as the ultimate crypto hub.
Source: CoinGape
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🚨🚨 A brief update on the bitcoin power law projection for $BTC to reach $200K Key Takeaways: The Bitcoin Power Law analyzes BTC growth based on historical patterns. The model predicts a peak above $200,000 in November 2025. According to the analysis, BTC would never fall below $70,000 again. This behavior reinforces the thesis that Bitcoin continues to appreciate throughout the cycles. If the prediction is confirmed, investors who accumulate BTC now can benefit significantly. #Macro #btc200k #btc180k #btc250k #BTC150K
🚨🚨 A brief update on the bitcoin power law projection for $BTC to reach $200K

Key Takeaways:

The Bitcoin Power Law analyzes BTC growth based on historical patterns.

The model predicts a peak above $200,000 in November 2025.

According to the analysis, BTC would never fall below $70,000 again.

This behavior reinforces the thesis that Bitcoin continues to appreciate throughout the cycles.

If the prediction is confirmed, investors who accumulate BTC now can benefit significantly.

#Macro #btc200k #btc180k #btc250k #BTC150K
🚨 Tim Draper just made a MIND-BLOWING prediction—fiat currency is on its way OUT, and Bitcoin is poised to DOMINATE the financial world! 🌍💥 💰 $250,000 BTC by the end of the year? Draper is all in on this bold forecast! 📈 🏦 A dollar collapse? He believes it’s coming SOONER than we think. 💸 🛒 Imagine this: Buying groceries, paying taxes, and handling everyday transactions—ALL in Bitcoin. 🛒💳 Draper compares fiat money to Confederate dollars, warning that it’s headed for total obsolescence as Bitcoin rises to become the ultimate global currency. 🌐✨ The dollar? Left in the dust. 💨 Are we on the brink of the biggest financial revolution in history? 🚀 Buckle up, because the future of money is here, and it’s decentralized, digital, and unstoppable. 💪 #BitcoinToTheMoon #CryptoRevolutio #FutureOfFinance #FiatIsDead #BTC250K 🚀🔥 $BTC {spot}(BTCUSDT)
🚨 Tim Draper just made a MIND-BLOWING prediction—fiat currency is on its way OUT, and Bitcoin is poised to DOMINATE the financial world! 🌍💥
💰 $250,000 BTC by the end of the year? Draper is all in on this bold forecast! 📈
🏦 A dollar collapse? He believes it’s coming SOONER than we think. 💸
🛒 Imagine this: Buying groceries, paying taxes, and handling everyday transactions—ALL in Bitcoin. 🛒💳
Draper compares fiat money to Confederate dollars, warning that it’s headed for total obsolescence as Bitcoin rises to become the ultimate global currency. 🌐✨ The dollar? Left in the dust. 💨
Are we on the brink of the biggest financial revolution in history? 🚀 Buckle up, because the future of money is here, and it’s decentralized, digital, and unstoppable. 💪
#BitcoinToTheMoon #CryptoRevolutio #FutureOfFinance #FiatIsDead #BTC250K 🚀🔥
$BTC
🚨🚨 #BTC250k 🚨$BTC 🚨🚨 Arthur Hayes, co-founder of BitMEX, has made notable predictions regarding Bitcoin's price trajectory: Short-Term Outlook: In January 2025, Hayes forecasted a potential short-term correction, with Bitcoin's price possibly dropping to between $70,000 and $75,000. He attributed this to rising U.S. Treasury yields and increasing inflation, which could lead to tighter liquidity and reduced appeal for riskier assets like cryptocurrencies. End-of-2025 Prediction: Despite the anticipated short-term dip, Hayes projected that Bitcoin could reach approximately $250,000 by the end of 2025. He believes that financial distress caused by economic factors may prompt major economies to implement quantitative easing measures, thereby driving significant capital into Bitcoin. Long-Term Forecast: Looking further ahead, Hayes suggested that Bitcoin's price could soar to between $750,000 and $1 million by 2026. This optimistic outlook is based on factors such as potential economic downturns leading to near-zero interest rates, the impact of Bitcoin's halving events, and the introduction of Bitcoin exchange-traded funds (ETFs) by major asset managers. It's important to note that these projections are speculative and influenced by various macroeconomic factors. Investors should exercise caution and conduct thorough research when considering such forecasts. {spot}(BTCUSDT)
🚨🚨 #BTC250k 🚨$BTC 🚨🚨
Arthur Hayes, co-founder of BitMEX, has made notable predictions regarding Bitcoin's price trajectory:

Short-Term Outlook: In January 2025, Hayes forecasted a potential short-term correction, with Bitcoin's price possibly dropping to between $70,000 and $75,000. He attributed this to rising U.S. Treasury yields and increasing inflation, which could lead to tighter liquidity and reduced appeal for riskier assets like cryptocurrencies.

End-of-2025 Prediction: Despite the anticipated short-term dip, Hayes projected that Bitcoin could reach approximately $250,000 by the end of 2025. He believes that financial distress caused by economic factors may prompt major economies to implement quantitative easing measures, thereby driving significant capital into Bitcoin.

Long-Term Forecast: Looking further ahead, Hayes suggested that Bitcoin's price could soar to between $750,000 and $1 million by 2026. This optimistic outlook is based on factors such as potential economic downturns leading to near-zero interest rates, the impact of Bitcoin's halving events, and the introduction of Bitcoin exchange-traded funds (ETFs) by major asset managers.

It's important to note that these projections are speculative and influenced by various macroeconomic factors. Investors should exercise caution and conduct thorough research when considering such forecasts.
$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demandVenture capitalist Tim Draper believes Bitcoin remains a vital hedge against devaluing fiat currencies.Renowned venture capitalist Tim Draper sees Bitcoin tripling in value in 2024 due to inflows into spot exchange-traded funds (ETFs) and the looming Bitcoin halving. Speaking to Cointelegraph during Paris Blockchain Week, Draper reiterated his belief that Bitcoin BTC tickers down $64,668 would drastically increase in value considering several factors in 2024. “If I had to predict, maybe we could see $250,000 by the end of the year; I mean, it’s looking pretty good,” Draper said as he reflected on his previous price prediction for 2022. The approval of spot Bitcoin ETFs in the United States has been a critical driver of renewed interest and capital inflows into the Bitcoin ecosystem. Draper believes the investment products have opened up a new avenue for Bitcoin-curious investors that might be daunted by the prospect of holding BTC in self-custody and also serve as a hedge against devaluing fiat currencies: “I think that it gives people an opportunity to buy some Bitcoin and hold on to it so that they can take care of themselves when there’s a run on the dollar or the euro.” He also highlighted the appeal for investors who want their respective fund managers to continue managing their portfolios. Access to a Bitcoin ETF allows investors to continue working with Fidelity or JPMorgan and have this new asset class managed as part of their wider investments. Draper said that Bitcoin’s finite supply and increasing adoption as a payment option for goods or services would increase its appeal to the masses. At the same time, fiat currencies grapple with inflation and decreased purchasing power. “I don’t really need to hold on to any fiat currency that decreases in value over time because of political whims or government spending, or politicians that just decide they’re going to spend more money and inflate your money,” Draper said. The venture capital investor added that Bitcoin remains a “place of great security” against inflation. “I think I’ve actually started to see the lines cross. People feel more comfortable with their Bitcoin than they do with their dollars.” The fourth Bitcoin halving is also set to have a significant impact on market dynamics. The event, earmarked for April 20, is one that investors should not underestimate, as Draper explains: “If you’re an investor in the stock market, they say don’t bet against the Fed [U.S. Federal Reserve]. If you’re a Bitcoin buyer, don’t bet against the halving. It changes everything. The supply shrinks, the demand increases and the price goes up. That’s natural economics — supply and demand,” Draper said. The venture capitalist also reiterated his belief that having single digit percentage exposure to Bitcoin is becoming a more attractive means of hedging against rising concerns over bank failures and devaluing sovereign currencies.

$250K Bitcoin? Tim Draper says halving, Bitcoin ETFs will drive demand

Venture capitalist Tim Draper believes Bitcoin remains a vital hedge against devaluing fiat currencies.Renowned venture capitalist Tim Draper sees Bitcoin tripling in value in 2024 due to inflows into spot exchange-traded funds (ETFs) and the looming Bitcoin halving.
Speaking to Cointelegraph during Paris Blockchain Week, Draper reiterated his belief that Bitcoin
BTC
tickers down
$64,668
would drastically increase in value considering several factors in 2024.
“If I had to predict, maybe we could see $250,000 by the end of the year; I mean, it’s looking pretty good,” Draper said as he reflected on his previous price prediction for 2022.
The approval of spot Bitcoin ETFs in the United States has been a critical driver of renewed interest and capital inflows into the Bitcoin ecosystem.
Draper believes the investment products have opened up a new avenue for Bitcoin-curious investors that might be daunted by the prospect of holding BTC in self-custody and also serve as a hedge against devaluing fiat currencies:
“I think that it gives people an opportunity to buy some Bitcoin and hold on to it so that they can take care of themselves when there’s a run on the dollar or the euro.”
He also highlighted the appeal for investors who want their respective fund managers to continue managing their portfolios. Access to a Bitcoin ETF allows investors to continue working with Fidelity or JPMorgan and have this new asset class managed as part of their wider investments.
Draper said that Bitcoin’s finite supply and increasing adoption as a payment option for goods or services would increase its appeal to the masses. At the same time, fiat currencies grapple with inflation and decreased purchasing power.
“I don’t really need to hold on to any fiat currency that decreases in value over time because of political whims or government spending, or politicians that just decide they’re going to spend more money and inflate your money,” Draper said.
The venture capital investor added that Bitcoin remains a “place of great security” against inflation.
“I think I’ve actually started to see the lines cross. People feel more comfortable with their Bitcoin than they do with their dollars.”
The fourth Bitcoin halving is also set to have a significant impact on market dynamics. The event, earmarked for April 20, is one that investors should not underestimate, as Draper explains:
“If you’re an investor in the stock market, they say don’t bet against the Fed [U.S. Federal Reserve]. If you’re a Bitcoin buyer, don’t bet against the halving. It changes everything. The supply shrinks, the demand increases and the price goes up. That’s natural economics — supply and demand,” Draper said.
The venture capitalist also reiterated his belief that having single digit percentage exposure to Bitcoin is becoming a more attractive means of hedging against rising concerns over bank failures and devaluing sovereign currencies.
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