Bitcoin to $1 million by 2028 thanks to China-led surge, predicts exec

In the cryptocurrency world, where each fluctuation sparks intrigue and speculation, Herbert Sim, popularly known as “The Bitcoin Man,” offers a unique perspective on the recent bull run and its potential implications.

His insights challenged norms and hinted at complex dynamics shaping the global cryptocurrency landscape.Sim revealed that the previous three bull runs were predominantly driven by Chinese markets, contrary to popular belief in the West. He asserted, In 2018, Sim’s leadership in Huobi’s native crypto project, the Huobi token , garnered him a surge of Chinese followers. The token’s rapid success, raising 400 million in 13 seconds, elevated Sim’s reputation as “The Bitcoin Man” in China.

With Bitcoin ETFs recently approved, Sim has adjusted his forecasts, now envisioning Bitcoin potentially hitting the million-dollar mark by 2028.“So those panic selling right now, good luck to them because when the bull run happens, which I’m predicting $148K, they will all be left behind.”stems from his confidence in China’s potential to spearhead the next bull run. Notably, the number 148 carries cultural significance in Chinese tradition, symbolizing “a lifetime of prosperity.

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