Krutika Adani
Anthony Pompliano said Bitcoin will find its place in the US balance sheets in the next 10-15 years. This makes it a 20-year investment as per him.
Bitcoin’s presence in the US balance sheets means the US government will be officially owning Bitcoin and could use it to back the US Dollar.
VanEck predicts Bitcoin’s price to be around $2.9 million by 2024. Ark CEO Cathie Wood expects an higher price of $2.3 million by 2030, an even shorter time-frame.
In the last couple of months Bitcoin’s price was suppressed below $70k due to selling by the German govt., Bitcoin miners and ETFs.
Anthony Pompliano is a popular YouTuber and tech investor based out of US.