No One Will Sell Their Bitcoin Once It Hits \”$130,000\”: Bitwise CEO

The CEO of Bitwise, a leading digital asset management firm, predicts a significant Bitcoin price surge to \”$130,000\”. He anticipates this increase will encourage holding rather than selling, fueled by growing investor confidence in Bitcoin’s long-term value. He cited factors driving this rise, including increased institutional adoption and Bitcoin’s growing appeal as a safe haven amid global economic uncertainty. He emphasized the importance of thorough market understanding before investing in Bitcoin or any cryptocurrency, stressing the need for diversification to mitigate risk. He further noted that his prediction is based on market analysis and consideration of factors influencing Bitcoin’s price, but remains subject to change depending on future market developments. Bitwise is a major player in the cryptocurrency market, wielding significant influence on market trends.