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972: CRYPTO INFLUENCER ADAM BACK SAYS BITCOIN CAN STILL HIT $100K THIS YEAR AS THE DEFI SECOR CRUMBLES!!
Manage episode 332939115 series 2835096
Crypto influencer Adam Back, inventor of Hashcoin (which is used in Bitcoin mining) and CEO of Blockstream, shared his thoughts on Bitcoin recently.
Responding to a Tweet claiming that Bitcoin would still hit six figures during the next market cycle, Back said that he believes Bitcoin could actually hit $100,000 this year as the DeFi sector crumbles.
Despite the cryptocurrency market being down significantly from previous highs, Adam Back remains bullish. In the midst of widespread fear and 40-year record inflation levels, Adam Back reiterated a statement from last year in which he claimed Bitcoin ($BTC) would hit $100,000 by year-end. Of course, we now know Back missed his mark on the previous forecast but BTC did briefly surge to almost $70,000 during November.
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972: CRYPTO INFLUENCER ADAM BACK SAYS BITCOIN CAN STILL HIT $100K THIS YEAR AS THE DEFI SECOR CRUMBLES!!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Manage episode 332939115 series 2835096
Crypto influencer Adam Back, inventor of Hashcoin (which is used in Bitcoin mining) and CEO of Blockstream, shared his thoughts on Bitcoin recently.
Responding to a Tweet claiming that Bitcoin would still hit six figures during the next market cycle, Back said that he believes Bitcoin could actually hit $100,000 this year as the DeFi sector crumbles.
Despite the cryptocurrency market being down significantly from previous highs, Adam Back remains bullish. In the midst of widespread fear and 40-year record inflation levels, Adam Back reiterated a statement from last year in which he claimed Bitcoin ($BTC) would hit $100,000 by year-end. Of course, we now know Back missed his mark on the previous forecast but BTC did briefly surge to almost $70,000 during November.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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