Bitcoin to make new all-time-highs within 24 months: Coinshares CSO
Demirors however said she certainly expects “more pain ahead” for tech stocks and crypto as we head closer to recession. Bitcoin (BTC) may have further to fall, but Coinshares chief strategy officer Meltem Demirors believes the top cryptocurrency will reach new all-time highs within the next 24 months.Speaking on CNBC’s Squawk Box on July 11, Demirors noted that Bitcoin has always been a “cyclical asset” with drawdowns from peak to trough at 80 to 90% historically. With Bitcoin currently sitting at about 65% down from its all-time highs in November 2021, Demirors believes “there is still....
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