Ari Paul, CIO and founder of BlockTower, took to Twitter to reveal his predictions for the big bull in the coming months. Paul cites $100,000 as a possible price point for Bitcoin in 2024.
He points to Bitcoin’s performance in 2017, explaining that it is not at all an exaggeration to expect Bitcoin to be 4x its price next year.
“Going out on a limb: I think BTC > $110k by end of 2024. (current price $23k). Feels like relatively aggressive prediction if we only consider current cycle, but zoom out to 2017, feels quite reasonable. We’ve kind of got 5 years of price compression now.” He explained in a tweet.
All Comments