What if the price of bitcoin (BTC) was inevitably bound to explode?

Despite the skeptics, bitcoin (BTC) value has generally improved in recent weeks. If many continue to doubt the queen of cryptos, many believe in its potential. They expect, day by day, that the price of BTC will make another spectacular breakthrough.

The next bitcoin (BTC) bull cycle is near!

Recently, Mark Yusko, CEO of the American film production firm Morgan Creek, predicted the fall of Dogecoin and Shiba Inu. The responsible is returned to the charge with this time, good news for bitcoin (BTC). The latter, according to him, would be doomed to experience a new upward trend, regardless of the rally it has made so far.

In an interview last Sunday, the boss literally mocked skeptical cryptos who predict bitcoin (BTC) will fall. According to him, the latter just do not accept the idea that the value of bitcoin (BTC) can continue to rise.

Still, he points out, they should incorporate the thought that the flagship crypto is not just going to stay on its recent positive momentum. The asset will also experience a spectacular increase to the point that its value will be displayed in six figures.

This is not just the opinion of an avid investor. Yusko’s analyzes are based on bitcoin (BTC) growth figures in recent weeks. “Bitcoin is up 10% since we spoke last week. It’s up 13% in the last month and it’s up significantly: 50% since FTX went down,” said the investor. While the bear market carries a lot of cryptos in its path, the BTC shows remarkable resilience. And it is precisely thanks to this that its future is certain, adds Yusko.

Is the bull run inevitable?

Consequences on the crypto market?

If bitcoin (BTC) remains a viable asset with great potential, its future progress is sure to positively affect the crypto industry. The boss also sees the latter continuing to gain ground as the movements towards decentralization strengthen.

“There is a day in the future when exchanges will be less necessary, when we can have a pure DeFi system or a purely Bitcoin-based world. We are not there. At the moment, we need a few viable exchanges”, pointed out Mark Yusko.

While waiting for this vision to come true, the entrepreneur hopes for an improvement in investor confidence. In any case, we will have to get used to it, because the adoption of the blockchain seems more and more inevitable.

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