Erik Voorhees Sees a $40K Price for BTC in 5-6 Months
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Erik Voorhees, the CEO and founder of crypto exchange Shape Shift, sees bitcoin – the world’s number one digital currency by market cap – reaching a relatively modest price of about $40,000 at some point this year. Erik Voorhees: BTC Will Be at $40K 2022 was a rough period for bitcoin. The asset fell by more than 70 percent from its all-time high of $68,000 per unit and dropped into the mid-$16,000 range. Things have been bad for the currency and its altcoin cousins for some time, though there is good news in that we are seeing similar patterns to
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see... [[ This is a content summary only. Visit my website for full links, other content, and more!…
Yet once more, the cryptocurrency market is predominantly within the purple as Bitcoin (BTC) struggles to reclaim the $40K mark. On the opposite hand, main altcoins like Ripple (XRP) and Dogecoin... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…