By Hassan Mehmood (Saudi Arabia)
Bitcoin’s rise in price is an optimistic approach that helps people around the world earn more and more profit and lend stability to the crypto market. The bullish trend did manage to stick with Bitcoin for some time now, which has catapulted its price to an all-time high, and that has also led the speculations of the financial investors such as Kraken’s Jesse Powell has stated that if not tomorrow, then steadily some time into the future the price of the Bitcoin will rise sky high, and you will be able to buy a Bugatti with the help of a single Bitcoin.
He is the CEO of a crypto exchange known as Kraken, and according to him, the price of Bitcoin is going to take a positive tumble which will increase its value, and you will be able to buy the world’s expensive vehicles with a single Bitcoin. The average cost of an expensive vehicle ranges from 1.7 to 3 million American dollars, which is a lot, but the enthusiasm that a Bitcoin will someday be able to top this price is extraordinary.
Jesse Powell Exhibiting Strong Enthusiasm for Bitcoin’s Price
According to Jesse Powell, it is not going to take much time to do so either as at the end of the year, the price of the Bitcoin will be compatible with that of one Lamborghini, and at the end of the next year, its price might be able to top that of Bugatti, such enthusiasm is extremely cherishing as you don’t get to see much of it and at such peak as well. According to Jesse, Bitcoin’s value might remain consistent even after it has reached many all-time highs, but the same could not be said for the Dollar value as it is susceptible to change due to all the centralization that is being done to it.
His vote of confidence doesn’t only go for Bitcoin but also for Ethereum as well; according to Jesse, it might also be able to see a variety of different peaks as the price of the Bitcoin continues to soar high and stability hits on both ends/corners of the crypto market.
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