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Bitcoin is cheap while under $100,000, Adam Back says
Commenting on a recent X post published by the Bitwise CIO Matt Hougan about the world’s leading cryptocurrency, cypherpunk Back said that it is wise to buy Bitcoin now, while it is trading below $100,000. Back referred to that price range as “cheap.”
He also agreed with Hougan that after after $100,000, Bitcoin price will start rally harder. The Bitwise CEO explained the current Bitcoin price surge – it has happened because of the current state of the economy, which is poor: “Bitcoin is rallying because they broke the economy.”
Once the US government begins to “fix the economy”, Bitcoin will start rallying harder, he believes.
agreed. buy bitcoin while it's cheap, under $100k.
— Adam Back (@adam3us) April 23, 2025
Over the past 24 hours, Bitcoin spiked by 6.5%, rallying from $88,590 to the $94,355 level. By now, a small rebound has taken BTC down to $93,650.
Bitcoin to hit ATH this year, following gold: Tom Lee
Fundstrat’s Tom Lee visited CNBC’s Squawk Box show this week to talk about stocks, Bitcoin, and gold. Lee believes that Bitcoin is about to start rallying now that the deleveraging that it was facing earlier is over – financial institutions have sold all they could, including Bitcoin, to secure their investments.
This year, the gold price has been rallying hard and reached a new all-time high twice, the most recent one occurred this Monday, when gold hit $3,500 per troy ounce. Tom Lee said that he believes Bitcoin can start catching up to gold, which likely means it may reach a new all-time high.
He said there is a lot of room for Bitcoin to catch up with gold.
#BTC #Write2Earn #ClaimRewards $BTC
Commenting on a recent X post published by the Bitwise CIO Matt Hougan about the world’s leading cryptocurrency, cypherpunk Back said that it is wise to buy Bitcoin now, while it is trading below $100,000. Back referred to that price range as “cheap.”
He also agreed with Hougan that after after $100,000, Bitcoin price will start rally harder. The Bitwise CEO explained the current Bitcoin price surge – it has happened because of the current state of the economy, which is poor: “Bitcoin is rallying because they broke the economy.”
Once the US government begins to “fix the economy”, Bitcoin will start rallying harder, he believes.
agreed. buy bitcoin while it's cheap, under $100k.
— Adam Back (@adam3us) April 23, 2025
Over the past 24 hours, Bitcoin spiked by 6.5%, rallying from $88,590 to the $94,355 level. By now, a small rebound has taken BTC down to $93,650.
Bitcoin to hit ATH this year, following gold: Tom Lee
Fundstrat’s Tom Lee visited CNBC’s Squawk Box show this week to talk about stocks, Bitcoin, and gold. Lee believes that Bitcoin is about to start rallying now that the deleveraging that it was facing earlier is over – financial institutions have sold all they could, including Bitcoin, to secure their investments.
This year, the gold price has been rallying hard and reached a new all-time high twice, the most recent one occurred this Monday, when gold hit $3,500 per troy ounce. Tom Lee said that he believes Bitcoin can start catching up to gold, which likely means it may reach a new all-time high.
He said there is a lot of room for Bitcoin to catch up with gold.
#BTC #Write2Earn #ClaimRewards $BTC
#ClaimRewards Cryptocurrency is not just a way to make money, it is a cutting-edge technology that is changing the world's financial system. Thanks to blockchain, transactions have become transparent, secure, and fast. If you enter crypto with knowledge and patience, it can provide better opportunities in the future. Always do your research, avoid haste, and make wise decisions.
#ClaimRewards ClaimNow Claimed $100 and then $2000 worth of $PEPE ! After 24 hours, I got to redeem again today — second chance, thank you Binance!
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