Bitwise CEO: People Won't Get Rid of Their Bitcoin, Even When Its Value Reaches $130,000
Hunter Horsley, CEO of Bitwise, predicts that Bitcoin's selling pressure will disappear once its price surpasses $130,000. According to Horsley, when Bitcoin reaches a range of $130,000 to $150,000, people will stop selling their holdings.
This prediction aligns with recent statements from Mike Novogratz, founder of Galaxy Digital, who believes this price range is achievable this year. Novogratz thinks this surge will be driven by strong institutional flows and increased demand for crypto assets.
