Billionaire Kevin O’Leary says Bitcoin about to explode to higher highs.
In detail, he says trillions of dollars will flow into the crypto market.
This liquidity will eventually flow into the altcoin market, triggering altseason.
With Yesterday’s latest Trump tariff announcement, the price of Bitcoin began to decline critically despite its recent double new ATH setting in the $111,000 price range. This led to a short drop in market sentiment score, possibly opening the door for FUD. However, most of the crypto space remains increasingly bullish, and Billionaire Kevin O’Leary says Bitcoin is about to explode with trillions of dollars flowing into the market.
Billionaire Kevin O’Leary Says Bitcoin About to Explode
Recently, Bitcoin set two ATH price records in consecutive days. In detail, both these records were set on the higher side of the $111,000 price range. This led to increased bullish sentiment with a score in the 70s range on the CMC Crypto Fear and Greed Index, marking a strong bullish green ‘Greed’ sentiment. Soon after these new ATHs were set, the price of BTC fell drastically.
To highlight, Trump proposed a 50% tariff on the European Union (EU), this led to an immediate fall in both the US and UK stock markets, as well as the price of Bitcoin (BTC). In detail, the price of Bitcoin fell to $108,000. Soon after this, the price of BTC pumped back to the $109,000 price range and has now fallen back to the $107,000 price range. Despite this, according to CoinMarketCap data, the price of Bitcoin is still green and continues to show bullish signs.
Previously, when Trump last announced a tariff, the price of Bitcoin did not just fall, but went into a prolonged correction phase. This phase lasted for around three months, between two quarters, further delaying this bull cycle’s altseason peak phase. Since then, analysts are hoping to see the price of Bitcoin pump to greater highs, which it soon did. However, with new tariff announcements, concern about another price fall is growing stronger.
Bitcoin Stronger Than Ever
However, seasoned analysts show faith in the resilience of Bitcoin bulls and believe that the price of BTC will not fall below $100,000 once again. Last week, a few analysts expected a drop to as low as $98,000 in a short price drop before bouncing back to new ATH prices once again. Presently, it is this dip that some analysts are expecting, while others believe BTC will just pump to new ATH prices again.
To highlight, several economic and financial experts have called for extravagantly high BTC ATH targets in the coming days ahead. Besides Michael Saylor and Robert Kiyosaki, the latest voice advocating for Bitcoin and an exceptional cycle top price is billionaire Kevin O’Leary.
https://twitter.com/Vivek4real_/status/1926007620185251876
As we can see from the video above, Kevin O’Leary expects the price of Bitcoin to explore with trillions of dollars flowing into the Bitcoin and crypto market in the coming months ahead. This liquidity will eventually flow into the altcoin market triggering altseason’s arrival.
