Bitcoin Buoyancy: Why This Money Expert Still Calls Crypto ‘Wealth Creation Opportunity’ Not Seen in 35 Years
— 300 billion, Wealth creation opportunity, Industry, ~$ 3, Mstrhttps ://, Real estate crisis, 699 bitcoins acquired, Similar, Bitcoins, Putin .”“ crypto prices also — 1 min read
Experts and advisors offer a more nuanced vision of the industry and its prospects. Ric Edelman, a former independent financial advisor, founder of $300 billion in assets under management, believes that Bitcoin and cryptos in general still present great financial promise. By the first quarter of 2024, Bitcoin’s price could be $60,000 to $100,000, he said. Edelman also said that within the next five years, crypto will be a common element of diversified portfolios by the majority of retail and institutional investors. Most notably, Bitcoin bull and MicroStrategy CEO Michael Saylor announced the company acquired 460 additional Bitcoins on June 28, according to a Securities and Exchange Commission (SEC) filing. Saylor tweeted on June 29, Source