Jeff Sica of Circle Squared Alternative Investments on the collapse of FTX and how it could impact bitcoin; he also gives his outlook for Meta and Disney.is far from over and bitcoin will drop to $15,000 before year-end as investors grow more skittish over investing in virtual currency, one expert says. That would mark a further 10% decline in price.
Sojli said cryptocurrency growth has been fueled not by firm financial principles but by believers in the system and newcomers. Bitcoin is available for purchase at ATMs in gas stations, drug stores, tobacco shops and elsewhere, including this gas station in Cherry Hill, New Jersey, Nov. 12, 2022."I do not think we’ll see more crypto adoption by the general public, but we’ll see more countries moving towards Central Bank-issued digital currencies . How this market will evolve will depend on how CBDCs will be implemented," Sojli said.
"My last prediction for Finder.com in May set BTC to about $15K at the end of the year. I expect that to be reached faster now. I do not think it will be possible to restore confidence in the short run."of FTX rattled bones in the dot-com graveyard and raised the specter of a year 2000-like bust.
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