Summary
- VanEck CEO advised increasing investment in Bitcoin this year.
- Bitcoin and gold are stated to be hedges against inflationary pressures.
- Bitcoin's price is predicted to reach between $150,000 and $170,000.
Jan van Eck, CEO of the global asset management firm VanEck, advised increasing investment in Bitcoin this year.
According to CryptoSlate on the 3rd (local time), Van Eck stated, "This year, you should maintain or increase your exposure to Bitcoin and gold," adding that "these assets serve as a hedge against inflationary pressures."
He continued, "Bitcoin is acting as a 'store of value.' Even during adjustments, the fundamentals will remain intact," predicting that Bitcoin's price could reach between $150,000 and $170,000.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
