Influential Bitcoiner Mow has hinted at what price target for BTC he might be expecting soon
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Mow expects Bitcoin to surpass $1 million per coin eventually, providing two main reasons for that. The first is that the U.S. government has been printing more and more money within the last four years, starting with 2020 when the pandemic arrived. The second is the Bitcoin supply and demand shocks clashing. The demand for Bitcoin keeps growing from January, when the Securities and Exchange Commission gave the green light to spot Bitcoin ETFs.
This has caused monstrous inflows from financial institutions. As the fourth BTC halving is approaching swiftly, and after April miners’ reward for each new block will drop from 6.25 BTC to 3.125 BTC, the market will be in for a Bitcoin supply shock, Mow insists.Bitcoiner, investor and entrepreneur Robert Kiyosaki published a tweet today, promising the biggest bubble in history bursting soon, saying that the baby boomer generation will be hit by this.
He also expects the U.S. stock market to collapse. In light of this, Kiyosaki urged his millions of X/Twitter followers to stock up on Bitcoin, gold and silver – what he believes to be real assets.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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