Investor Kevin O’Leary has joined many others in making Bitcoin and cryptocurrency price predictions. Recently, the bitcoin predictions has gone high as seen with also Cathie Wood’s predictions.
Bitcoin price spike has identified it as the world’s largest cryptocurrency to a value of over $1 trillion. Additionally, the over #1 trillion came onboard in these recent months of surge.
Furthermore, Bitcoin price saw a decline under $50,000 and keeps its market capitalization around $900 billion.
The popular investor Kevin O’Leary also expects “another trillion dollars worth of buying” into bitcoin. He also reveals plans to increase his crypto exposure to 7% by the end of 2021.
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“This is not going away, this is the new asset class,”
Investor Kevin O’Leary told CNBC this week.
He also made predictions of the possibilities of having “trillions of dollars of interest waiting to come on board” to cryptocurrencies. Also, wit “another trillion dollars worth of [bitcoin] buying” after regulators officially considers bitcoin and crypto an institutional asset class.
Investor Kevin also expressed doubt if regulators will share his views…
“I don’t want to get involved in crypto if the regulator says it’s not okay,” O’Leary said. “I can’t afford to be offside, I cannot afford to be non-compliant.”
Conclusively, Kevin O’Leary is convinced beyond doubts about putting more of his wealth into bitcoin and crypto.
“I want to raise my exposure to crypto—currently at 3%—to 7% by the end of the year,” he concluded.
Picture credit – CNBC
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