#BTC/USDT. ​🤓 Billionaire Bill Ackman is thinking about buying Bitcoin

Pershing Square Capital Management founder and CEO Bill Ackman suggested that the price of Bitcoin could continue its bullish movement.

“An increase in the price of Bitcoin leads to an increase in mining and an increase in energy consumption, which leads to an increase in the cost of energy, causing an increase in inflation and a decline in the value of the dollar, stimulating the demand for Bitcoin and the growth of mining, stimulating the demand for energy. This cycle continues. Bitcoin is heading towards infinity, energy prices are skyrocketing, and the economy is collapsing. Maybe I should buy Bitcoin,” he wrote.

However, he noted that such a system can also work in the opposite direction.