Bitcoin has finally bottomed out: DavidGokhshtein. $BTC Jamie1Coutts
The plunge, if it happens, he stated in a note on Sunday, would be down to the recent collapse of the FTX exchange. Robertsen thinks that investor interest would turn to gold, which may see a 30% rally next year, and away from the"digital gold," Bitcoin.
Curiously, prominent venture investor Tim Draper, known for his support of Bitcoin, recently confirmed his earlier forecast of BTC hitting the $250,000 mark. Earlier, he claimed BTC would soar that high in 2022, but now, he has added another half-year and placed the likelihood of this in mid-2023. At the time of this writing, Bitcoin is changing hands at $16,990, remaining near the $17,000 level so far.
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