BITCOIN

Bitcoin Price Outlook 100000 by 2023 Loyalty Director

Jurian Timmer, director of Fidelity Investments at Macro Global, appeared CNBC Today to discuss his bitcoin price forecast model, market outlook and opinion at the current rally. Timmer shared a bearish forecast for BTC, the bullish trend against the dollar as the world’s reserve currency, and deep misunderstandings about the relationship between bitcoin and gold.

Timmer said Bitcoin has rallied more than 30 percent this month that was not driven by fast traders, indicating that it is being driven by organic spot demand instead and could be further boosted. The director sees that Bitcoin has reached 100,000 by 2023.



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