According to Alex Mashinsky, who is the CEO of Celsius, the all-time high that Bitcoin will score at the end of this year would break records of the past all-time highs as he predicts the cryptocurrency will hit nothing less than $160k. Although the price of Bitcoin is in the plummet and the market is having an extremely hard time giving wind to the cryptocurrency so it could soar above $30k, but all of this in the eyes of the experts is the pointer of a bullish wave that will come sooner than later.
The only thing the CEO of Celsius could base his thoughts around Bitcoin reaching $160k was the fact that we have yet to see the all-time high for this year, and it would most certainly be above $100k for sure. This is not a statistical idea that might find robes of reality by the year’s end; it is merely an idea put together by someone who has high hopes for cryptocurrency.
Bitcoin will have an Instant Rise by the End of this Year, Says the CEO of Celsius
All the recent all-time highs and the consistency that Bitcoin showed did point towards a brutal correction that was in effect and was long overdue. So, this is what is happening, the correction is put to effect here, and the cryptocurrency will not stop going down or having a hard time until the corrections’ circle is over.
He said that the tweets from him from February to March all indicated the instant hike that all the traders and investors with Bitcoin were taking. Alex said that he warned the crypto community regarding Bitcoin that we are going too fast and might stumble into a crash, and according to Alex, this is exactly what has happened. The exact end to this correction can’t be determined, and that is why we have to be stronger in these dark times and, if applicable for some, buy more Bitcoin. This is because by the time the correction is over, Bitcoin will rise again, and you don’t want to be off that train.