"Is Bitcoin Under $100,000 the Biggest 'Mispricing' of Our Time?"
Crypto punk veteran Adam Back speaks out: Bitcoin under $100,000 is considered 'cheap'!
In comments on Bitwise CIO Matt Hougan, he mentioned that the current price is at a bottom-fishing level, and breaking $100,000 in the future is just the starting point. The reason? The United States has messed up the economy, leading to Bitcoin's natural rise.
Within 24 hours, Bitcoin briefly surged to $94,355 and has currently slightly retraced to $93,650. Is this pullback an opportunity?
Tom Lee also remains bullish, believing that the 'de-leveraging' phase for financial institutions is over, and the next step is upward — and Bitcoin's 'race' against gold has just begun!
Gold has hit new highs twice, while Bitcoin is still halfway up the mountain. This comparison speaks for itself; you understand.
