A correspondent from East Africa, Frank Deya has said on the Inside Blockchain show this morning while in an interview that Bitcoin might see as low as $25,000 in the coming months. He made this statement while he was asked about predictions of the Bitcoin markets.
He stated the asset might drop that low when the institutional investors start taking profit off their large volume investments;
“We should see Bitcoin go to $25,000 in the coming months when these institutional investors start taking profits…”
Nairametrics Analyst Says Bitcoin Has Been Bullish Overtime
Olumide Adesina, an investment and financial markets analyst at Nairametrics has made a bullish comment about Bitcoin in an interview with the CryptoTVPlus host; Tony Obiajuru while on the Inside Blockchain show this morning.
While asked about the condition of the Bitcoin markets and his predictions, Mr. Olumide asserted the fact that “institutional investors are coming in already”. He cited the instance of Tesla investing a whooping sum of $1.5 billion dollars into the first cryptocurrency by market capitalization which is responsible for the recent surge in price of the asset (Bitcoin) from about $37k to $45k+.